12.06.2014 - 10:32 [ Al Ahram ]

Gulf Arabs free fuel for Egypt reaches $6 billion in value

(05. Mai) Gulf oil producers have given Egypt a free fuel lifeling totalling $6 billion in value to help fend off unrest on its streets in the summer when consumption soars, the head of its national oil company said.

Tarek El-Molla, head of the Egyptian General Petroleum Corporation (EGPC), told financial newspaper Al-Mal that the aid consisted of „huge quantities“ of benzene, diesel, heavy fuel oil mazut, butane and crude oil, since last July.