Egypt pumps around 300,000 tons of diesel per week in order to cover fuel needs of the country’s different sector, Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, said, according to Amwal Al Ghad.
Most of the diesel production is targeted to citizens’ consumption and electricity generating power plants, which consumes huge volumes of diesel as well as natural gas, Ezz El Regal explained, adding that the country pumps between 41,000 tons and 43,000 tons on daily basis during Summer.
Minister of Petroleum and Mineral Resources, Tarek El Molla, pointed out that securing petroleum products and natural gas is among the main strategic priorities of the oil and gas sector to cover the demands of Egypt’s economic sectors and to serve the economic sustainability and enlarge the value added from the country’s petroleum resources.
The world will witness adding new oil and gas fields to the Egyptian production map, which will have a positive role in increasing Egypt’s oil and gas production and filling the gap between supply and demand, El Molla said.