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Madbouly and Petroleum Minister Discuss No Fuel Price Talks
The Council of Ministers confirmed that the meeting between Prime Minister Mostafa Madbouly and Petroleum Minister Kareem El Bably did not discuss re-pricing of gasoline and diesel prices, nor was a date set for a meeting of the Petroleum Products Pricing Committee. The minister also affirmed that there is a sufficient and stable stock of fuel supplies. The discussion focused on improving natural gas supplies to the electricity and industrial sectors, as well as the government's efforts to boost oil and gas production, increase investments in the sector, and achieve financial stability that will attract new investments to Egypt.
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