Egypt raises fuel prices by an average of 18%

Doaa A.Moneim , Friday 17 Oct 2025

Egypt’s Ministry of Petroleum and Mineral Resources announced on Friday significant adjustments to local retail fuel prices, raising prices by an average of 18 percent and up to 42.9 percent for some products.

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The increase, effective 6:00 am Cairo Local Time, is the second in 2025.

The new increase surpasses the previously announced 10 percent average for reviewing up or down retail fuel products set by the Automatic Fuel Price Mechanism.

The ministry confirmed that the new rates will remain fixed for at least one year to maintain stability in the domestic market.

According to the official statement, the new prices are as follows:

            •          Gasoline 95: EGP 21.00 per litre (up from EGP 19.00, a 10.5 percent increase)

            •          Gasoline 92: EGP 19.25 per litre (up from EGP 17.25, an 11.6 percent increase)

            •          Gasoline 80: EGP 17.75 per litre (up from EGP 15.75, a 12.7 percent increase)

            •          Diesel: EGP 17.50 per litre (up from EGP 15.50, a 12.9 percent increase)

            •          Compressed Natural Gas (CNG) for vehicles: EGP 10.00 per cubic metre (up from EGP 7.00, a 42.9 percent increase)

 

Stability amid global energy fluctuations
 

The ministry explained that fixing prices for an entire year is due to ongoing local, regional, and global developments, particularly volatility in international energy markets and disruptions to supply chains.

Through this decision, the government aims to maintain price stability, ensure full-capacity operation of domestic refineries, settle arrears to foreign partners, and encourage investment to boost local production, cut import bills, and narrow the gap between production costs and consumer prices.

Officials emphasised that the move supports Egypt’s broader economic strategy to enhance fiscal discipline, preserve energy security, and sustain growth amid shifting global market conditions.

The last increase was applied in April, when the ministry announced increases in fuel prices ranging from 11.7 to over 33 percent. These increases exceeded the 10 percent limit set by the Automatic Pricing Mechanism for both increases and decreases. 

An Egyptian delegation is participating in the World Bank Group/International Monetary Fund annual meetings, which conclude on Saturday.

The delegation held intensive discussions with IMF officials on completing the fifth and sixth reviews of the current Extended Fund Facility (EFF) $8 billion loan programme and the first review of the newly approved Resilience and Sustainability Facility (RFS) $1.3 billion loan deal.

Under the EFF, keeping energy prices artificially low distorts resource allocation, discourages energy efficiency, and exacerbates pollution, adding to both climate change and public health risks from local air pollution. Removing fossil fuel subsidies can also enhance energy security by reducing exposure to volatile global energy markets.

A gradual, transparent, and well-communicated adjustment of energy prices is essential under the programme to prevent the reemergence of untargeted subsidies, free up fiscal space for better-targeted social protection programmes, and attract investment into the energy sector.

Allowing prices to more accurately reflect production costs can strengthen private investment, meet rising domestic demand, and help avert potential electricity shortages, supporting Egypt’s broader goals of fiscal sustainability and energy security, according to the programme details.

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