Electricity Output Increased by 4.6% YOY in June: CAPMAS
Electricity production in Egypt jumped by 4.6% year-on-year (YOY) in June 2018, generating 18.1 megawatts per hour (MWh) compared to 17.3 MWh in June 2017.
Egypt | Egypt Oil & Gas - Part 586
Electricity production in Egypt jumped by 4.6% year-on-year (YOY) in June 2018, generating 18.1 megawatts per hour (MWh) compared to 17.3 MWh in June 2017.
Egypt’s diesel consumption dropped by 2.49% year-on-year (YOY) to reach 1.136 million tons in July 2018, down from 1.165 million tons in July 2017.
Egypt will continue to cut energy subsidies in order to decrease government expenditure, petroleum minister Tarek El Molla has said.
Egypt’s butane consumption decreased by 7.63% year-on-year (YOY) as the country used 284,600 tons in July 2018, compared to 308,100 tons in July 2017.
Production of crude oil, condensates, and butane increased by around 1.55% year-on-year (YOY) in July 2018, producing 2.818 million tons compared to 2.775 million tons in July 2017.
Egypt's natural gas output rose by 14.9% year-on-year (YOY) to reach 3.873 million tons in July 2018, compared to 3.371 million tons in July 2017.
The Eleventh Arab Energy Conference kicked off in Marrakech, Morocco on October 1, under the theme of 'Energy and Arab Cooperation'.
Egypt has connected 9 million households to the national gas grid.
Abu Qir Fertilizer and Chemical Company recorded revenues of EGP 8.3 billion.
The gap between Egypt's production and consumption of fuel has decreased to 25%, compared to 35% at the beginning of 2018.