Egypt’s Fuel Imports Reach $819M in June

Egypt’s Fuel  Imports Reach $819M in June

Egypt imported $819 million worth of fuel in June 2017, a year-on-year (Y-o-Y) increase of 30.6% from the $627 million worth of fuel it imported in June 2016, according to the Central Agency for Public Mobilization and Statistics (CAPMAS), Amwal Al Ghad reports.

Crude oil imports rose by approximately 372% to $184 million, compared to $39 million in June 2016. Imports of petroleum products remained stable.  Egypt imported $263.204 million worth of petroleum products in June, a slight decrease from the $263.794 worth it imported during the same time period last year.

Coal imports also rose. The country imported $18.8 worth of coal in 2017, an 8.7% Y-o-Y increase from the $17.3 million it spent on coal imports in June 2016.

Over the same time period, diesel production rose 12.77% Y-o-Y and consumption of diesel registered a slight decrease, Egypt Oil & Gas reported last month.

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Sarah Samir 3670 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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