El Molla: Butane Consumption Drops to 3.6 MT in FY 2020/21

El Molla: Butane Consumption Drops to 3.6 MT in FY 2020/21

The significant drop in butane consumption from approximately 4.2 million tons (mt) in 2018 to 3.6 mt in 2020/21 was achieved thanks to the development of butane system and the expansion of projects to deliver natural gas to homes, Minister of Petroleum and Mineral Resources Tarek El Molla said during the Petroleum Gas Company’s (Petrogas) general assembly chaired by him via video conference to approve the planning budget for FY 2022/23.

El Molla confirmed that developing and raising the efficiency of the system was instrumental in providing this strategic commodity in a safe and consistent manner to consumers during the past six years and overcoming challenges and crises.

Furthermore, the minister referred to the importance of the country’s economic reform program and the fuel pricing mechanisms in providing the necessary resources to develop the butane system and its infrastructure.

He also praised the developments in butane gas cylinder production and the efforts to supply sites during the past year as part of a comprehensive program to develop all production sites to reach the highest level of performance, safety, and technological advancement. Most notably, he shed light on the developments in the Kattameya production area in Greater Cairo as one of the most important models in this regard.

Petrogas Chairman of the Board of Directors Raafat Abdel Hadi Raafat Abdel Hadi reviewed the most important features and projects of the investment budget for FY 2022/23. He also discussed the volume of work that has been invested in developing the infrastructure and areas for filling, production, and circulation of butane cylinders belonging to the company and the projects planned in this regard.

 

 

Yara Mohamed 139 Posts

Yara has a BSC Degree in English and Translation. She recently joined the writing team of Egypt Oil & Gas, bringing along with her an experience of content marketing writing.

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