The Automatic Fuel Pricing Committee (FAPC) in Egypt decided, Friday morning, to increase the prices of gasoline by 25 piaster, and keep the prices of diesel fixed.
In a statement, the Ministry of Petroleum said the committee is concerned with following up and implementing the mechanisms for applying automatic pricing for petroleum products.
Therefore, the committee decided to fix the selling price of all three types of gasoline products. The new prices were applicable starting from 09:00 AM (Cairo time) on Friday.
Last July, FAPC increased the price of gasoline in the local market, explaining that the decisions came in light of the current conditions the world is experiencing due to the impacts of the coronavirus outbreak.
The Current Prices:
EGP 7.25 per liter for 80-octane
EGP 8.50 per liter for 92-octane
EGP 9.50 per liter for 95-octane
EGP 6.75 per liter for diesel.
Follow the latest news on Google News
