Egypt petroleum ministry denies rumors of petrol and butane price changes

As October 2026 unfolds across Egypt, petrol and butane cylinder prices remain frozen at their current levels, even as market experts warn that adjustments are inevitable. Specifically, petrol 95 stands at 24 pounds per litre, petrol 92 at 22.25 pounds per litre, petrol 80 at 20.75 pounds per litre, and solar at 20.50 pounds per litre, while vehicular natural gas is priced at 13 pounds per cubic metre. Alongside these, domestic butane cylinders weighing 12.5 kilograms are priced at 275 pounds, and commercial butane cylinders weighing 25 kilograms cost 550 pounds.

Official Pricing Stalls Amid Social Media Rumors

Fuel prices at service stations across the country have not shifted from the rates established earlier in the fiscal year. Meanwhile, Masrawy noted that the automatic pricing committee has yet to convene for its scheduled review, leaving the Ministry of Petroleum and Mineral Resources to repeatedly deny claims of an immediate, unannounced tariff revision. The ministry pointed to its previous statement issued on 24 September 2026, which also refuted erroneous claims regarding tariff changes.

Social media channels have driven a wave of speculative pricing reports over recent weeks. In response, official statements from the petroleum ministry emphasize that no new decrees have been issued by the pricing committee. The ministry urged the public to disregard unverified figures circulating online, stressing that all formal updates regarding local energy supplies and pricing will originate directly from state channels.

Industry Experts Project Petroleum Price Increases

While the Ministry of Petroleum maintains that current figures hold firm, industry voices paint a more pressing picture for the near term. Masrawy highlighted comments from Hassan Nasr, head of the General Division of Petroleum Products at the Federation of Chambers of Commerce, who stated that a price increase is practically guaranteed given rising global petroleum costs. Nasr projected potential adjustments ranging between 10% and 15% as state subsidies face mounting pressure.

Global economic pressures highlight the delicate balance facing domestic energy planners. Sentry reports from regional coverage note that international benchmark Brent crude has hovered near 105 dollars per barrel, creating a stark contrast against Egypt’s fixed domestic pump prices.

Parliamentary Perspectives on Living Costs and Economic Reform

Beyond the service stations, broader economic discussions highlight the social cost of maintaining these energy subsidies. Shorouknews reported that Mostafa Bakry, a member of the House of Representatives, spoke during a television broadcast about the persistent burden carried by Egyptian households. Bakry credited presidential directives aimed at easing living burdens for citizens as the driver behind the frozen prices. He stated that the stability of these prices came in light of directives from President Abdel Fattah El-Sisi aimed at easing living burdens for citizens.

Bakry emphasized the necessity of state intervention in pricing and inflation, explaining that inflation must decline so that citizens can live appropriately. He pointed out that what is happening on the ground gives reason for optimism, contrary to what some promote by claiming that the country is lost, and the country’s economy has collapsed, noting that the economy is standing, growing, and advancing. He explained that Egypt’s image abroad has become better than it was, affirming that all of this grants hope, and adding: Tomorrow we will succeed, and tomorrow this will reflect in a better living standard and positive reflections on the life of the citizen who has borne the burdens of the Egyptian economy, and whom the president recently affirmed in this talk, and said that Egyptians have borne and still bear. He continued: This is the price of a situation we inherited from many years ago, let us be frank, and today Egypt is trying to build a strong and sound building. Furthermore, Bakry stressed the living requirements of the citizen that cannot be overlooked, stating: The citizen needs a decent living standard, to the limit of sufficiency, people do not say let us be like the North Coast or anything else, but people want to find cheap electricity, food at a reasonable price, and schools that can ease living burdens and expenses and reasonable rent. He added that optimism for the coming phase stands firm given that Egypt enjoys security and stability, noting that the president’s foreign tours will positively reflect on attracting more investments, establishing industries, and providing job opportunities for Egyptians.

State officials continue to monitor fuel distribution networks to prevent supply crunches. Commercial and household supply chains function normally across all governorates, according to ministry updates. Refineries continue to produce and pump butane products normally, transport and bottling operations at filling plants proceed steadily, and bulk gas reserves dedicated to cylinder bottling are fully available at filling plants operating at full capacity according to market needs without any shortage indicators.

Unresolved Timelines for the Pricing Committee

The exact date for the automatic pricing committee’s next official session remains undisclosed by the government. Masrawy noted that while a review was anticipated at the close of the previous quarter, October has begun without a formal meeting date on the calendar. Whether the state can sustain current energy subsidies through the upcoming fiscal quarters depends entirely on future crude oil averages and foreign exchange movements evaluated during the committee’s eventual review.