Production of crude oil, condensates, and butane increased by around 1.53% year-on-year (YOY) in August 2018, producing 2.852 million tons compared to 2.809 million tons in August 2017, Egypt Oil & Gas reports.

Statistics published by the Central Agency for Public Mobilization and Statistics (CAPMAS) shows that consumption of petroleum products in Egypt decreased by 15.87%, recording 2.652 million tons in August 2018, from the 3.094 million tons consumed in the same month in 2017.

On a monthly basis, Egypt’s petroleum production in August 2018 rose by around 1.2%, up from the 2.818 million tons produced in July 2018.