Diesel Consumption Increases to 1.1 MM Tons

Diesel Consumption Increases to 1.1 MM Tons

Egypt’s diesel consumption has increased to 1.1 million tons per month, a 0.1 million tons year-on-year increase, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), announced, according Amwal Al Ghad.

He added that diesel production increased by about approximately 580,000 tons per month compared to 2018’s 550,000 tons per month.

Ezz El Regal pointed out that diesel covers approximately 50% of different sectors’ consumption, whereas the Ministry of Petroleum and Mineral Resources covers the rest of the market’s needs through foreign contracts. In addition, there has been an increase in production in the past four years, which lead to more production units in refineries, so as to double the annual produce of needed fuel for consumption.

 

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