Petroleum Ministry: Stabilizing Local Production and Import Programs for Butane

Petroleum Ministry: Stabilizing Local Production and Import Programs for Butane

Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman confirmed the stabilisation of domestic production of butane from refineries and fields of production, in addition to the stabilisation of butane imports.

Currently the quantity of butane gas being pumped to the domestic market increased by 103% over the originally planned number of 1.2 million cylinders per day. He went on to say that the oil sector supplies about 50% of total consumption while the rest is imported.

Contracts have been drawn up to import additional quantities of butane, approximately 22 thousand tons, that have been coming in since February 28. They were received at the port of Alexandria with a cargo tanker carrying 12.6 thousand tons, a cargo tanker with 6.4 thousand tons reached the port of Suez, while the Rais Shuqayr port received a tanker with a tonnage of 1.6 thousand. The total amount was 20.6 thousand tons of butane and the remaining amount would arrive subsequently, noting that quantities of imported butane were sufficient for about 9 days.

He pointed out that the petroleum sector continues to provide butane gas for the domestic market around the various governorates of Egypt, by more than 100% of the original plan in order to achieve stability, adding that there is full coordination with the Ministry of Supply to tighten and intensify control over the warehouses to eliminate the black market.

Source: Egypt Oil and Gas


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