Egypt increases gasoline prices by 25 piasters per litre

Egypt's Fuel Automatic Pricing Committee has increased the price of gasoline in the local market by 25 piasters per litre effective Friday at 10am, the petroleum ministry announced in a statement.

The new prices per litre are as follows: EGP 6.50 for 80 octane gasoline, EGP 7.75 for 92 octane gasoline, and EGP 8.75 for 95 octane gasoline.

The committee however kept the prices of industrial-use Mazut at EGP 3,900 per ton and diesel fuel at EGP 6.75 per litre.

The committee stated that its decisions came in light of the exceptional situation that the world is in due to the impacts of the coronavirus pandemic.