Egypt’s Consumption of Petroleum Products Falls 11.76% Y.o.Y

Egypt’s Consumption of Petroleum Products Falls 11.76% Y.o.Y

Egypt’s consumption of petroleum products fell from 3.282 million tons in January 2017 to 2.896 million tons in January 2018, a 11.76% year-on-year (Y.o.Y) decrease, Egypt Oil & Gas reports.

The country’s output of crude oil, condensates and butane slightly increased by around 0.79% to be 2.805 million tons during January 2018, from the 2.783 million tons produced in January 2017, according to a report by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Consumption rates fluctuated a lot during the course of 2017. The north African country consumed 2.9 million tons in December 2017 while in November it consumed 2.877 million tons.  Consumption stood at 2.969 million tons in October and rose to 3.256 million tons in September.

Sarah Samir 3420 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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