Diesel consumption in the Egyptian market reached around 305,000 tons per week across all sectors, Abed Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), told Amwal Al Ghad.
Most of Egypt’s diesel production is being provided to citizens as well as electricity generating plants, Ezz El Regal pointed out.
Securing petroleum products and natural gas supplies is on top of the strategic targets of the oil and gas sector, aiming to meet economic sectors’ demands and serve sustainable economic development, as well as boost the added value of Egypt’s oil and gas resources, Minister of Petroleum and Mineral Resources, Tarek El Molla, said.
Egypt’s consumption of gasoline and diesel fell 4.2% and 7.1% respectively in the first quarter of fiscal year (FY) 2017/2018, Reuters previously reported.
Egypt’s consumption of diesel reached 3.419 million tons in the period from July 1 to September 30, 2017 compared to 3.680 million tons during the same months in 2016.