There is no shortage in fuel supplies; distribution is the problem: Egypt's petroleum minister
Petroleum Minister Sherif Haddara says that additional quantities of gasoline and diesel fuel have been pumped to eliminate congestion at the fuel stations — denies shortages
Ahram Online, Thursday 13 Jun 2013
Cars queues in a petrol station in Cairo during last week's shortage (Photo: Bassam Al-Zoghby)
Egypt's newly appointed petroleum minister, Sherif Haddara, said Wednesday that there is no problem in the fuel supply, but rather distribution is the problem, according to Al-Ahram Arabic language news website.
Over the last week, petrol stations nationwide have seen long lines of motorists waiting to fill up their tanks. In many locations, stations have run out of petrol.
Haddara added that additional quantities of gasoline and diesel fuel have been pumped to eliminate congestion at fuel stations.
Haddara explained that on average 37,000 tons of diesel fuel are being pumped daily, which is seven percent more than planned. He also said that 18,100 tons of gasoline are being pumped daily, which is a 20 percent increase.
The Egyptian government is providing petrol stations nationwide with an additional 16,500 tons per day of different types of petrol in an effort to counter ongoing shortages, Al-Ahram's Arabic-language news website reported Sunday.
Shielded by government subsidies, fuel prices in Egypt remain among the cheapest in the world. The government last increased fuel prices in 2008.