diesel | Egypt Oil & Gas - Part 9

EGPC Produces 290,000 tons of Diesel per Week

The Egyptian General Petroleum Corporation (EGPC) produces approximately 290,000 tons of diesel per week.

Badr City Depot to Open in November

 The petroleum-storage facility in Badr City is nearing completion and will begin operations in November 2019.

Lower Y-o-Y Diesel Consumption in July

Egypt's consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016.

AMOC’s Profits Rise 153%

Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.

Egypt Pumps 300,000 tons of Diesel Weekly

Egypt pumps around 300,000 tons of diesel per week in order to cover fuel needs of the country's different sector.

Diesel Subsidies Reach EGP 150m Following Recent Hike

Diesel subsidies' cost reached around EGP 150m per day following the recent fuel price increase as every 1 litre of diesel is subsidised by EGP3.

Egyptian Cabinet Reduces Fuel Subsidies

Egypt's Cabinet decided to cut fuel subsidies to ease the budget deficit.

Egypt Aims to Secure 45 Days of Butane

EGPC's Chamber of Operation will implement a new strategic plan to fulfill the local demand of petroleum products.

Tarek-El Molla: Egypt Received Two Cargos of Diesel from Aramco

Tarek El Molla said that Egypt had received two cargoes of diesel fuel from Saudi Aramco.

Egypt’s Gas Demand to Reach 4.1bcf/d in Summer

The Egyptian Ministry of Electricity and Renewable Energy estimated the amount of oil and gas it will need during summer 2017 at 4.1bcf/d of gas, 23,000 tons/d of mazut, and 3,000 tons/d of diesel.

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