Egypt received fuel from Gulf at $2.48 bn in November

The Ministry of Petroleum received fuel shipments valued at US$2.48 billion from Saudi Arabia, UAE and Kuwait in November, a Cabinet source said Tuesday.
In related news, the Egyptian General Petroleum Corporation (EGPC) put smart cards through a trial run in Shell and Mobil gas stations, starting the second phase of the project.
The distibution of fuel through smart cards includes two phases. The first began last June to counter the black market by tightening control on the transfer and distribution of petroleum products from warehouses to gas stations and distribution intermediaries. The second phase has to do with monitoring distribution to customers.
The General Division of the Petroleum Products at the General Federation of Chambers of Commerce confirmed that the LPG shipment dispatched by Saudi Arabia was distributed starting Thursday in Cairo, Beni Suef, Minya, and Fayoum. The size of the shipment was 9,500 tons, according to the general division.
Edited translation from Reuters

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