Diesel Consumption Rose 7% YOY in May 2018
Egypt's diesel consumption jumped by around 7% year-on-year (YOY) to 1.26 million tons in May 2018, up from 1.18 million tons in May 2017.
consumption | Egypt Oil & Gas - Part 8
Petroleum Production Grows by 3% YOY
Egypt increased its production of crude oil, condensates, and butane by around 3% year-on-year in May 2018, producing 2.9 million tons compared to 2.8 million tons in May 2017.
Natural Gas Production Increases by 15.7% YOY
Egypt's natural gas output increased by around 15.7% year-on-year (YOY), producing 3.9 million tons in May 2018, compared to 3.4 million tons in May 2017.
Egyptian Government Increases Gas Prices By Up to 75%
Egypt will raise natural gas prices for households and businesses by up to 75% from the beginning of August.
El Molla: “This Is Not The Last Fuel Price Hike”
Fuel prices will witness another increase in 2019, Egyptian oil minister Tarek El Molla announced on June 20, only four days after the latest fuel price hike.
CAPMAS: Slight Raise in Annual Electricity Production and Consumption
Egypt’s electricity consumption increased by 3.57% year-on-year (YoY) to reach 11.6 mega kilowatt per hour (mkw/h) in February 2018, compared to 11.2 mkw/h in February 2017.
Egypt’s Diesel Consumption Drops 6.69% YOY
Egypt’s diesel consumption fell 6.69% year-on-year (YOY) in March 2018.
Butane Imports Decrease by 1.29% YOY in March
Egypt’s butane imports decreased by around 1.29% in March 2018 compared with March 2017.
Egypt’s Natural Gas Production Increases by 20.5% YoY
Egypt’s production of natural gas increased by around 20.64% year-on-year (YoY), reaching 3.437 million tons in March 2018 compared to 2.849 million tons in March 2017.
EGPC Increases Diesel Supplies Ahead of Ramadan
Egypt has increased the daily amounts of diesel delivered to the local market to around 41,000 tons.
