fuel imports

  • Egypt’s Fuel  Imports Reach $819M in June

    Egypt’s Fuel Imports Reach $819M in June

    Thursday, 12th October 2017

    The Egyptian oil and gas sector imported fuel for $819 million in June 2017, making around 30.6% Year-over-Year (Y-o-Y) increase from $627 million worth fuel in June 2016.

  • Egypt Cut Fuel Import Bills by 23%

    Egypt Cut Fuel Import Bills by 23%

    Wednesday, 9th August 2017
    Egypt's fuel imports for the first five months of 2017 fell to $497 million from $645 million during the same period last year, a year-on-year decrease of 23%.
  • Kenya Lost East Africa Fuel Imports

    Kenya Lost East Africa Fuel Imports

    Wednesday, 26th October 2016
    Rwanda and Burundi stopped importing their fuel needs through the Kenyan port of Mombasa because of the contamination of some cargoes and have opted to route shipments through Tanzania.
  • Nigeria to Reduce Oil Imports by 60%

    Nigeria to Reduce Oil Imports by 60%

    Tuesday, 25th October 2016
    Nigeria plans to reduce its level of fuel imports by 60% by the year 2018.
  • IDB to Cover Fuel Imports

    IDB to Cover Fuel Imports

    Thursday, 20th October 2016
    Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
  • Kenya Saved $493m on Petroleum Imports

    Kenya Saved $493m on Petroleum Imports

    Wednesday, 28th September 2016
    Kenya save more than $493m during the first half of 2016 on oil related imports due to low global petroleum prices.
  • CBE: Banking Sector Fed In $33.7b to Cover State Needs

    CBE: Banking Sector Fed In $33.7b to Cover State Needs

    Sunday, 12th June 2016
    The Egyptian banking sector has provided approximately $33.7b to cover the needs of the state and importers requests for foreign exchange between November 2015 and end of April 2016. CBE also aims at providing foreign currency to import fuel and gas supplies.
  • Petroleum Expert: Fuel Imports Costs to Increase by 5% per Month

    Petroleum Expert: Fuel Imports Costs to Increase by 5% per Month

    Tuesday, 12th April 2016
    As Egypt devalued its currency with the current exchange rate standing at EGP10.20 for $1, the price of fuel imports will increase by at least 5% per month, petroleum expert, Aziz Effat, told Egypt Oil&Gas.
  • Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub

    Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub

    Thursday, 19th November 2015
    Scatec Solar, a leading solar energy provider, is planning to invest $600m on solar projects over two years in Egypt.