The CEO of Aramco Trading Company (ATC), Ibrahim Gassem El Buaiain, met with the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to discuss cooperation and investment opportunities.
Consumption of crude oil, condensates, and butane fell to 3.02 million tons in June from 3.49 million tons in June 2016, a year-on-year (y-o-y) decline of 13.5%.
Egypt imports more than 180,000 of butane on a monthly basis to cover citizens' demands and the demands of sectors using butane, such as farms and bakeries, the Head of EGPC stated.