fuel imports | Egypt Oil & Gas
Nigeria to Embark on Mini-Refineries Project
Nigeria, Africa’s top oil producer, has given the green light to construct a series of mini-plants with the government licensing a total of 40 mini-refineries in an effort to help end its dependency on fuel imports, a...
Egypt’s Fuel Exports Surpass $600 MM
The petroleum sector’s fuel exports’ total value exceeded $600 million, according to Abed Ezz El Regal, the Egyptian General Petroleum Corporation (EGPC) CEO, Amwal Al Ghad reported. Ezz El Regal added that the crude ...
Egypt Pumps 1.2 MM Tons of Diesel across Governorates
The petroleum sector increased the diesel supply across Egypt’s governorates to reach 1.2 million tons per month following the new fuel prices, according to a source in the Egyptian General Petroleum Corporation (EGPC...
Egypt Talks $500 M with HSBC
HSBC Egypt agreed to be the financial consultant to secure a $500 million loan to finance the imports of the market’s demands of diesel, benzene and mazut, in addition to paying a part of arrears to internationa...
Egypt’s Fuel Imports Reach $819M in June
Egypt imported $819 million worth of fuel in June 2017, a year-on-year (Y-o-Y) increase of 30.6% from the $627 million worth of fuel it imported in June 2016, according to the Central Agency for Public Mobilization an...
Egypt Cut Fuel Import Bills by 23%
Egypt’s fuel imports for the first five months of 2017 fell to $497 million from $645 million during the same period last year, a year-on-year decrease of 23%, reports Amwal Al Ghad. Imported petroleum products ...
Kenya Lost East Africa Fuel Imports
Kenya Transporters Association stated that Rwanda and Burundi stopped importing their fuel needs through the Kenyan port of Mombasa because of the contamination of some cargoes and have opted to route shipments throug...
Nigeria to Reduce Oil Imports by 60%
The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that Nigeria plans to reduce its level of fuel imports by 60% by the year 2018, Nigeria Today reported. Kachikwu added that one of the key p...
