Egypt’s Fuel Automatic Pricing Committee (FAPC) has raised prices on a wide range of fuel products on Tuesday amid the recent exceptional conditions the global energy market faces.
The increase applies to gasoline, diesel, and natural gas used in vehicles.
The price of the 80-octane gasoline increased to EGP 20.75 per liter from EGP 17.75, while the price of the 92-octane gasoline rose to EGP 22.25 per liter from EGP 19.25.
On the other hand, the price of the 95-octane gasoline has been increased to EGP 24 per liter from EGP 21.
Additionally, the diesel prices jumped to EGP 15.50 per liter to EGP 17.50.
As for the prices for butane gas cylinders, the domestic cylinder (12.5 kg) is sold for EGP 225, Commercial cylinder (25 kg) costs EGP 450, and bulk sale price is EGP 18,000 per ton.
Meanwhile, the selling price of natural gas supplied to brick kilns (factories) is set at EGP 250 per one million British thermal units (MMBtu), based on a mazut (fuel oil) price of EGP 12,500 per ton.
The increase came “due to the exceptional circumstances in the international energy markets”, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).
The global energy pressures caused by the Middle East war, which has disrupted oil supplies and shipping routes.
The Ministry noted that the geopolitical developments in the Middle East and their direct impact on global energy marketshave led to a significant increase in the costs of imports and domestic production.
It elaborated that the disruptions in supply chains, elevated risk levels, and rising maritime shipping and insurance costs have resulted in a major surge in global prices for crude oil and petroleum products, reaching levels the energy markets haven’t witnessed in years.
Since the direct conflict between Israel and Iran escalated with the launch of “Operation Epic Fury” on February 28, Brent crude oil prices have experienced extreme volatility, surging from approximately $72 to a peak of $119.50 on before plunging to $94 per barrel on Tuesday, following hints of de-escalation.
To face of these challenges, the country is continuing its efforts to bolster domestic production and drive exploration and development of Egypt’s oil and gas resources, which is achieved by incentivizing investment partners to expand their activities, as part of a broader framework aimed at reducing the national import bill.
The government is closely monitoring market developments and costs within the framework of ensuring the sustainability of petroleum product and gas supplies for citizens and all sectors of the state.
Egypt aised the fuel prices twice in April 2025 and October 2025, to phase out fuel subsidies under its structural reform agreement with the IMF.
It said in October that “it will freeze the prices without any increases for a minimum of one year amid the ongoing developments locally, regionally, and globally.”
Follow the latest news on Google News
