Egypt’s Butane Imports Decline in May

Egypt’s Butane Imports Decline in May

Egypt butane imports decreased to 197,600 tons in May 2017 compared to 222,800 tons in May 2016 due to the increase of production and the stable consumption in the past months, reported Amwal Al Ghad.

According to the Central Agency for Public Mobilization and Statistics (CAPMAS), butane production in Egypt grew to 163,300 tons in May 2017, from 154,700 tons in May 2016. Meanwhile, butane consumption was stable at 350,600 tons in May 2017, which is the same consumption rate in May 2016.

The government conducted a number of projects to deliver natural gas to households and commercial units. The move will play a role in decreasing butane consumption, which will result into decreasing warehouses across the country. It will also save the butane allocations in the budget to be injected in projects to pump gas to households, Minister of Petroleum and Mineral Resources, Tarek El Molla, said.

Sarah Samir 2786 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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