Egypt’s different sectors consumed between 1 and 1.1 million tons of diesel during January 2019, Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, told Amwal Al Ghad.
Meanwhile, the country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market’s consumption, Ezz El Regal stated, adding that Egypt secures the remaining demand through imports.
Most of the country’s production is directed to citizens and electricity generating plants that use diesel along with natural gas in ordinary plants.
Securing petroleum products and natural gas come as a priority in the Ministry of Petroleum’s strategic plans, Ezz El Regal noted.
In 2019, Egypt will witness adding several oil and natural gas fields to the production map, which will have a positive effect on boosting the country’s production and decreasing the gap between supply and demand.