Diesel Consumption Falls 18% Y.o.Y. in September

Diesel Consumption Falls 18% Y.o.Y. in September

Consumption of diesel dropped to 1.082 million tons in September, an 18% year-on-year (Y.o.Y) decrease from the 1.3225 million tons consumed in September 2016, Egypt Oil & Gas reports.

An official at EGPC  had previously told Amwal Al Ghad that consumption for September and October stood at 2.5 million tons.

Meanwhile, diesel production increased 1.9% Y.o.Y, to 568,000 tons in September 2017, according to statistics released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

For the first quarter of fiscal year (FY) 2017/2018, overall consumption of gasoline and diesel fell, according to the Minister of Petroleum and Natural Resources, Tarek El Molla, Amwal Al Ghad reported.

Gasoline consumption declined by 4.2% while diesel consumption fell by 7.1% in the three-month period, according to the newspaper.

Sarah Samir 3401 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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