Egypt’s daily consumption of 92-octane benzene has fallen to around 12.6 million liters, an official source at the Egyptian General Petroleum Corporation (EGPC) told Amwal Al Ghad.
Overall benzene consumption dropped by 4% in the time the government is trying to boost its petroleum product’s output through developing refineries, the official source pointed out.
The source stated that benzene consumption has decreased since June 2017 when the price of 92-octane price increased from EGP 3.5 per liter to EGP 5 per liter.
Meanwhile, Egypt’s daily national consumption of 95-octane benzene has more than doubled since June 2017, an official source said, according to Amwal Al Ghad.
The source revealed that consumption levels have increased to between 490,000 and 550,000 liters, up from 200,000 liters before the June 2017 fuel price increases.