Circular No. 1/2022 Egypt increases fuel prices (update)

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Circular No. 1/2022 Egypt increases fuel prices (update)

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Egypt has re-raised fuel prices to link energy prices to the international markets.

The prices increase is effective from 9:00 a.m. local time (7:00 a.m. GMT) on Wednesday 13th July 2022, same is also published in the Egyptian Gazette on 13th July 2022.

 SubjectBeforeAfter
EGPEGP
Diesel6.757.25
95 Octane Gasoline9.7510.75
92 Octane Gasoline8.759.25
80 Octane Gasoline7.508

As usual the changes will push up prices for transport, food products and other goods.

This is the tenth time that the government of Egypt has increased fuel prices since austerity measures were announced late 2015 to implement the economic reform plans.

Please be guided accordingly.

Best Regards

Depot EGYPT

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