Fixed Prices
As per the committee’s decision, the price of 80-octance gasoline will remain unchanged at LE 8 per liter while price of 92-octance and 95-octane will remain fixed at LE 9.25 and LE 10.75 per liter respectively, a statement by the Ministry of Petroleum said.
Fixed pricing is not economically convenient for Egypt right now as the state applies the rules of the free market economy, Minister of Supply Aly Meselhi said Monday in a press conference in Beni Suef, South of Cairo
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