butane | Egypt Oil & Gas - Part 3
Cabinet Denies Natural Gas Prices Surge
The Cabinet’s media center denied rumors about an increase in household natural gas prices, according to Al Ahram. The cabinet affirmed that there is no correlation with the new gas transmission tariff and the househo...
Khalda’s Investments to Reach $792 MM in FY 2020/21
Khalda Petroleum Company’s – a joint venture (JV) between Egyptian General Petroleum Corporation (EGPC) and Apache -investments are expected to reach $792 million during Fiscal Year (FY) 2020/21, according...
EGPC, Sonker Amend Trading Categories of Diesel, Butane
The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of a contract amending the trading categories of diesel and butane at Sonker’s bulk terminal, according to a press release. The am...
Egyptian Government Secures Butane’s Strategic Reserves
The Egyptian government has prolonged the butane’s strategic reserves to 32 days instead of only 15 days, as reserves increased after building two strategic reserves in Alexandria and Sohag provinces during the past t...
Butane Local Consumption Rate Decreases 5%: El Molla
The Ministry of Petroleum and Mineral Resources announced that Egypt’s domestic consumption have decreased 5% in one year, Al-Ahram reported. This came as Egyptian Minister of Petroleum and Mineral Resources, Tarek El...
Petroleum Arrows to Raise Product Distribution by 5%
Petroleum Arrows aims to increase the distribution and transportation rate of the industrial gases, ammonia and high-grade propane with 5% by the end of Q4 in 2019, according to Ahmed Abdel Moteleb, the company’s head...
Egypt’s Fuel Exports Surpass $600 MM
The petroleum sector’s fuel exports’ total value exceeded $600 million, according to Abed Ezz El Regal, the Egyptian General Petroleum Corporation (EGPC) CEO, Amwal Al Ghad reported. Ezz El Regal added that the crude ...
Fuel Consumption Decreases by 5% in July
Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism, a source in Misr Petroleum Company reportedly told Amwal Al-Ghad. Total petroleum products consumption d...
