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11:01 a.m. M.
Monday 28 December 2020
Books – Masrawy:
The Media Center of the Council of Ministers said that what has been disseminated on some websites and social media pages about the increase in gasoline prices following the issuance of amendments to the decision “as a result of the increase in gasoline prices gasoline intended for the construction and maintenance of public roads “is incorrect.
According to a press release, the Press Center of the Council of Ministers contacted the Ministry of Petroleum and Mineral Resources, which denied the news, confirming that it is not valid to raise gasoline prices after the issuance of amendments. to the decision “as a result of the increase in gasoline prices for the construction and maintenance of public roads”, explaining that the sale prices of gasoline For consumers as they are, the decision has no effect on the price of gasoline for the consumer, which has not suffered further increases, and that fuel sales prices are determined by the Automatic Petroleum Products Price Setting Committee on a quarterly basis, indicating that the amendments to the decision do not have nothing to do with selling prices to consumers.
The amendments related to the decision are related to the distribution of the product of the increase in gasoline prices stipulated in Presidential Decree No. 158 of 1980 – which stipulated the establishment of a special account for the product of the increase in the price of gasoline. gasoline for the construction and maintenance of public roads – between the General Authority of Roads and Bridges at a rate of 67%, and the Secretariat. Public Ministry of Local Development in 33%.
The committee for automatic prices of petroleum products, which meets quarterly, prepares to hold the periodic meeting, in order to determine the sale prices of some petroleum products for a period of three months (January, February and March 202 ), while the committee decided to set the prices of gasoline of the three types during the three months of (October to December (2020), where the sale price of the three types of gasoline products remained at a value of 6 , 25 pounds per liter of gasoline 80, 7.50 pounds per liter of gasoline 92 and 8.50 pounds per liter of gasoline 95, and the sale price of diesel at 6.75 per liter, depending on the development that is The two main determinants are the international price of a barrel of Brent crude and the variation in the price of the dollar against the pound, in addition to charges and other fixed costs.
The Center called on all the media to investigate the accuracy and objectivity in the publication of news and to communicate with the competent authorities to make sure before publishing information that is not based on any fact and gives rise to a public opinion touching and confusing, and if there are any complaints please report them by going to the official website of the ministry (Click here).
