Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes, a source at the oil and gas sector told Amwal Al Ghad.

The North African country imported petroleum products, Kuwaiti crude oil, Iraqi crude oil, and natural gas for $11.5 billion during fiscal year (FY) 2017/18, the source noted.

Cash flow obtained from cost recovery shares surplus reached $1.7 billion, the source explained.

Total revenues reached $1.9 billion from petroleum products and special products added to proceeds as well as signing bonuses, production revenues and profits from Arab Petroleum Pipelines Company (SUMED) pipeline.