Egypt's Fuel Automatic Pricing Committee decided to raise gasoline prices by 25 piasters per liter and to keep the prices of diesel and mazut unchanged until the end of September.
He made the announcement during an expanded meeting with the Oil Ministry's undersecretaries and chairmen of holding companies.
AMOC’s representatives are also scheduled to head to Jeddah to review upgrading its labs in coordination with Saudi’s Petromin.
AMOC is waiting for the approval of the Egyptian General Petroleum Corporation (EGPC) to buy condensates from the UAE’s Dana Gas, the chairman said.
One of the important projects underway is enhancing and expanding Assuit’s refining complex.
Suez Canal witnessed the crossing of 5.836 million tons of petroleum substances, 1.724 million tons of benzene and 1.429 million tons of diesel and Mazut in July.
Government lifted subsidies on both diesel and mazut on Monday .