Egypt Consumes 1.15 M Tons of Diesel in March
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
EDC expanded its scope of work, currently owning 40 onshore drilling rigs, four offshore rigs, 21 wells maintenance rigs, two lifting units, and one offshore device.
The meeting discussed the updates of the national project designed to connect households to the natural gas national grid, in which both the World Bank and AFD contribute in funding, along with the European Union ...
Oil goods exports grew by 18.4%, recording $14.3 billion in H1 FY 2018/19 compared to $12.1 billion in H1 FY 2017/18, which contributed to decreasing the deficit in the balance of trade.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egyptian Prime Minister, Mostafa Madbouly, met with Minister of Petroleum, Tarek El Molla, to review the status of several oil and gas projects.
Egypt recently established a single data base that connects all employees in the oil and gas sector to the Ministry of Petroleum, the Egyptian General Petroleum Corporation (EGPC) and other holding companies.
The decision came as the technical committee assigned for 95-octane gasoline pricing met on March 31. The technical committee reconsidered the pricing scheme in light of the recently announced Central Bank of Egyp ...
Egyptian butane imports decreased by 8.36% year-on-year (YOY), reaching 239,000 tons in January 2019, compared to the 260,800 imported in January 2018.