The value of the petroleum sector’s imports of monthly fuel retreated to nearly $900 million in August 2019, by about $300–400 million during the same period a year earlier, an official source in the Egyptian General Petroleum Corporation reported to Amwal El Ghad.

The source added that Egypt’s imports of petroleum products acquired the largest share of total monthly imports, valued at $640 to $660 million.

Last August, the petroleum sector imported crude oil worth nearly $175 million, directed to either governmental or private local refineries, EGPC’s source noted.

It is worth mentioning that the sector’s imports of coal reached $40–45 million, compared to nearly $75 million during the same period a year ago, the source said.