Egypt Aborts 8M Gasoline Liter Trafficking Attempt

Egypt Aborts 8M Gasoline Liter Trafficking Attempt

Egypt’s General Directorate of Supply and Trade Police has managed to abort 156 attempts to illegally traffic 8.283119 million liters of gasoline and diesel, as well as 56,000 butane cylinders into the black market, Al Mal reported.

This comes as a part of a joint campaign with the Supply Department of the Security Directorate, in order to oversee the market.

Egypt’s consumption of gasoline and diesel fell 4.2% and 7.1% respectively during the first quarter of fiscal year 2017-2018, Reuters reported; whereas, the consumption of diesel reached 3.419 million tons during the period from July 1 to September 30, 2017 compared to 3.680 million tons during the same months in 2016.

Furthermore, year-on-year (Y.o.Y.) butane consumption fell 5.4% in October, decreasing from 360,600 tons in October 2016 to 341,200 tons in October 2017, Egypt Oil & Gas reports.

Butane imports remained constant. Egypt imported 211,200 tons in October 2017 and 211,300 tons in October 2016, according to figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

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