diesel | Egypt Oil & Gas - Part 4

ATG System to be Completed Soon

Phase 2 of Automatic Tank Gauging (ATG) system is almost completed, according to Adel Ayyad, Chairman of the Board of Directors of the Cooperation Company for Petroleum.

Algeria’s Sidi Rezine Output Reaches 3.645 MM Tons

Sidi Rezine has restarted its operations and increased its annual output to reach 3.645 million tons, up from 2.7 million tons.

KNPC Requests Contract Renewal with Mitsubishi 

Kuwait National Petroleum Company (KNPC) has requested a contract renewal with Mitsubishi Hitachi Power Company.

 ERC to Receive $76 MM By the End of December

The Deputy Chief Financial officer of the Egyptian Refining Company “ERC” Aliaa Heikal announced that her company targets to receive $76 million from Japanese and Korean banks at the end of December 2019 as the la ...

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.

Copetrole Gains EGP 50 Billion in FY 2018/19

The Co-operation petroleum Company (Copetrole) gained revenues reaching EGP 50 billion and sold large amounts, reaching 6,7 million tons of gasoline and diesel out of total sales that reached 7,5 million tons duri ...

EGPC to Raise Fuel Inflows During Eid

The government will increase gasoline supplies pumped to the local market during Eid Al-Adha feast, by around 10% to nearly 25 million liters per day.

Fuel Consumption Decreases by 5% in July

Fuel consumption declined by 5% during July, following the introduction of the automatic fuel pricing mechanism.

Diesel Consumption Reaches 1.18 MM Tons per Month

The current diesel production rate stands at 500,000 tons per month, covering around 45% of the local consumption.

Petroleum Ministry to Raise Pumped Fuel During Eid

Pumped fuel rates will be increased by up to 20% during the Eid holiday, with 25 million liters per day supplied to the local market, according to
Abed Ezz El-Regal, CEO of the Egyptian General Petroleum Cor ...

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