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Egypt floats tender to import fuel

: Monday, June 02 - 2014 @ 01:54

A tender has been floated by Egypt to import hundreds of thousands of tonnes of petroleum products in the third quarter of 2014, as the country tries to stave off a summer energy crisis, Reuters has reported. The tender comes in addition to supplies from Saudi Arabia, which will deliver energy products to Egypt in July and August, as part of an aid package announced after the ouster of president Mohamed Mursi. The Egyptian General Petroleum Corp (EGPC) said the tender is to import 90,000 tonnes of diesel each in July and August, and 120,000 tonnes of gasoline and 500,000 tonnes of diesel in September. The tender would remain open until the first week of June, an EGPC official said.

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Monday, June 2- 2014 @ 1:54 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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