fuel imports | Egypt Oil & Gas

Mexico Limits Private Firms to Import Fuel

The Mexican government has issued new regulations limiting private firms to import fuel.

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 import ...

Egypt’s Fuel Exports Surpass $600 MM

The petroleum sector’s fuel exports’ total value exceeded $600 million.

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.

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 IOCs.

Egypt’s Fuel Imports Reach $819M in June

The Egyptian oil and gas sector imported fuel for $819 million in June 2017, making around 30.6% Year-over-Year (Y-o-Y) increase from $627 million worth fuel in June 2016.

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%.

Kenya Lost East Africa Fuel Imports

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 through Tanzania.

Nigeria to Reduce Oil Imports by 60%

Nigeria plans to reduce its level of fuel imports by 60% by the year 2018.

IDB to Cover Fuel Imports

Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,

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