Egypt has increased the daily amounts of diesel delivered to the local market to around 41,000 tons, Amwal Al Ghad reported.
The government took the decision to increase the availability of diesel in preparation for Ramadan and the harvest season, during which consumption rates rise.
Egypt’s consumption was ranging between 35,000 and 37,000 tons before Ramadan, said Abed Ezz El Regal, head of the Egyptian General Petroleum Corporation (EGPC).
Ezz El Regal affirmed EGPC’s is commitment to covering the local market’s demand for petroleum products, especially during seasons when consumption of diesel, benzene and butane increases.
Local refineries are able to partly satisfy the local market’s demands, while imports make up the shortfall, Ezz El Regal pointed out. Achieving self-sufficiency will better position the sector to cover demand during periods of high consumption, he added.