Egypt’s Natural Gas Production Increases by 14% Y.o.Y
The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.
The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.
Egypt’s electricity exports reached 747 GWH during FY 2015/2016, while electricity imports recorded 54 GWH in the same FY, declining by 69.8% from the 179 GWH imports in 2002/2003.
Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric tons (MT) in FY 2015/2016, compared to 27.1 million MT in FY 2002/2003.
Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.
Diesel consumption in the Egyptian market reached around 305,000 tons per week across all sectors, Abed Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), said.
Egypt's production of electricity increased by 5.3% year on year (Y.o.Y) as it reached 19.7 kWh in August 2017, compared to 18.7 kWh in August 2016.
utane imports declined by 33.6% year on year (Y-o-Y) to reach 153,400 tons in September 2017, compared to 231,800 tons in September 2016.
Daily demand for diesel has fallen by more than 12% since this summer.
Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.
Egypt’s consumption of petroleum products dropped to 3.094 million tons in August, as 6.3% year-on-year (Y-o-Y) decline from 3.302 million tons in August 2016.
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