Egypt Pumps 1.2 MM Tons of Diesel across Governorates

Egypt Pumps 1.2 MM Tons of Diesel across Governorates

The petroleum sector increased the diesel supply across Egypt’s governorates to reach 1.2 million tons per month following the new fuel prices, according to a source in the Egyptian General Petroleum Corporation (EGPC), Amwal Al-Ghad reported.

The source indicated that the current diesel production rate from the local refineries is estimated to be 500,000 tons per month, fulfilling %45 of the monthly consumption rate.

The source also added that the butane consumption rate in June  reached 332,000 tons that satisfies %50 of the household and commercial demand.

The sector has increased the amount of diesel to fulfill any increase in demand until the market reaches stability, given the fact that the new prices might affect the consumption rate.

 

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