Egypt Exports $2.955B Worth of Crude Oil and Petroleum Products

Egypt Exports $2.955B Worth of Crude Oil and Petroleum Products

Egypt exported approximately $2.955 billion worth of crude oil and petroleum products between July 2016 and March 2017 according to a financial report issued by the Ministry of Finance in July, reports Petro-Press.

Crude-oil exports accounted for $1.79 billion while petroleum products accounted for an additional $1.166 billion.

From January 2017 to May 2017, Egypt exported fuel worth $1.4 billion according to the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt Petrol reports.

Egypt’s crude-oil exports reached $991.1 million, its petroleum-products exports reached $148.3 million, and its coal exports reached $34.4 million during this time period.

Egypt’s total exports for the first five months of 2017 exceeded $10.6 billion, compared to $9 billion during the same period of 2016, marking an increase of around 17.7%.

Sarah Samir 2536 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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