CAIRO: A fuel shortage increased in several governorates, with a number of gas stations running out of petrol 80, Al-Masry Al-Youm reported.
In Sohag, fuel and diesel crisis grew and queues of hundreds of vehicles wait in front gas stations, and some microbus drivers have reportedly taken advantage of the crisis and raised their fare by 1EGP, in some cases doubling fares.
” We saw fights between drivers and gas stations owners. Microbus drivers raised their fare and they get passengers who refuse to pay outside the vehicle” passengers in Sohag told Al-Masry Al-Youm.
“The government will raise petrol prices soon and will not wait three months for the smart cards to be distributed,” Minister of Planning Ashraf al-Araby said, Reuters reported.
Araby told Aswat Masriya that in this stage fuel prices would rise for all citizens by 40 percent. He said that the higher the wages are, and the more people would be able to consume fuel at a market price by 2015.
Araby said that the government intends to raise the prices of petrol, diesel and gas at the same time so that the inflation would happen simultaneously.
Sources from within the Ministry of Petroleum have given conflicting statements about the increase of fuel prices in the upcoming period.
An official source told Al-Shorouq last week that the government decided to restructure the subsidy system on petroleum products this week, indicating that prices of petroleum products will increase by 1 EGP per liter.
A source at the Ministry of Petroleum, however, told Akhbar Al-Youm last week, “As of right now, the ministry will not issue an official decision to increase prices,” adding that what circulated in the media was untrue.
The Cabinet decided Thursday, however, to implement a five-year plan to reduce subsidies, which would lead to increased prices.