Egypt Diesel Production Drops by 6.5% YOY

Egypt Diesel Production Drops by 6.5% YOY
External fuel tanks at a filling station

Egypt’s diesel production decreased by 6.5% year-on-year (YOY) in January 2019, recording 518,000 tons, down from the 554,000 tons of January 2018, Egypt Oil & Gas reports.

Statistics published by the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the country’s diesel consumption fell by 4.37% in January 2019, reaching 1.115 million tons compared to the 1.166 million tons consumed in the same month of the previous year.

Egypt’s diesel consumption rates were close to 1.15 million tons in March 2019, Abed Ezz El Regal, CEO of the Egyptian General Petroleum Corporation (EGPC), told Amwal Al Ghad.

Most of the country’s diesel consumption is directed to cover the demands and electric power plants that use diesel the most, along with natural gas in the traditional generating plants.

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Sarah Samir 3673 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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