Cairo - Mubasher: The Egyptian government intends to raise gasoline levels by EGP 1 per litre beginning in July, after the Eid holiday, sources in the parliament told Al Mal Newspaper.

This comes in line with the plane to cut fuel subsidies, which began four years ago.

If the decision was to be taken, the price for Octane 92 will go up from EGP 3.5 per litre to EGP 4.5, compared to EGP 2.65 back in November.