The Egyptian government has raised fuel prices once again, marking the fourth increase in the past year as part of its plan to bring energy prices to cost-recovery levels by the end of 2025.
On April 13, 2025, Egypt’s Ministry of Petroleum announced a 12.8% to 14.8% increase in fuel prices. This follows three price hikes in 2024, the last of which occurred in October, when fuel prices rose between 8% and 17.5%.
Despite these increases, Egypt’s fuel prices remain significantly lower than those in Nigeria, a country with a similar economic profile that has eliminated state-regulated fuel price controls. For instance, the highest new price for 95-octane petrol in Egypt is EGP 19.00 (approximately $0.37) per litre, which translates to about 592 Nigerian Naira. This is roughly 70% of the lowest price of petrol in Nigeria.
The government has kept prices for Compressed Natural Gas (CNG), locally known as Autogas, unchanged. Additionally, it has held off on raising the price of heavy fuel oil used for electricity generation and the food industry. However, the price of heavy fuel oil for industrial use, as well as the cost of LPG (butane or cooking gas), has risen significantly, matching the increases seen in diesel and premium motor spirit (PMS).
Here’s a breakdown of the new prices:
- 95-Octane Petrol (PMS): EGP 19.00 per litre, up 11.8% from EGP 17.00
- 92-Octane Petrol (PMS): EGP 17.25 per litre, up 13.1% from EGP 15.25
- 80-Octane Petrol (PMS): EGP 15.75 per litre, up 14.5% from EGP 13.75
- Diesel and Kerosene: EGP 15.50 per litre, up 14.88% from EGP 13.50
- 12.5 kg Butane Gas Cylinder: EGP 200, up 33.3% from EGP 150
- Commercial Butane Gas Cylinder: EGP 400, up 33.3% from EGP 300
- Heavy Fuel Oil for Industrial Use: EGP 10,500 per ton, up 10.5%
The Egyptian government has also stated it will continue to subsidize energy costs, with plans to spend up to $2.15 billion each month on energy subsidies, despite the recent price hikes. These increases have led to a gradual reduction in the overall subsidy burden.
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