Egypt fuel pricing committee set to meet as trade body predicts 10–15% increase

Egypt's automatic fuel pricing committee is expected to convene in October amid conflicting statements over possible gasoline and diesel price increases.

• Hassan Nasr, head of the petroleum materials division, predicted fuel price increases of 10–15%, saying "the increase is coming."
• The Petroleum Ministry denied any price change, stating the committee has not convened and current prices remain in effect.
• Prime Minister Mostafa Madbouly announced the resumption of the automatic pricing committee's work, expected to meet this week.
• The ministry also rejected reports of butane cylinder shortages, saying supplies and distribution are normal.
• Egyptian Assistant Minister of Supply Ahmad Abu al-Ghait confirmed butane cylinders cost 275 and 550 pounds, attributing shortage rumors to consumer hoarding.