Fuel | Egypt Oil & Gas - Part 5
Renewable Energy Saves 4.6 B Tons Fuel
Egypt saved around 4.6 billion tons of equivalent fuel during 2018 due to the usage of renewable energy sources in power generation, an official source at the Ministry of Electricity told Al Mal News. The country also...
Fuel Cargoes Imports Exceed $400 M per Month
The Egyptian oil and gas sector imports fuel cargoes for over $400 million per month to cover local market’s demands, sources at the Ministry of Petroleum told Amwal Al Ghad. The value of imported fuel cargoes d...
Egypt Pays $450 M for Fuel Monthly Imports
Egypt pays around $450 million per month for fuel imports in order to cover local demand, an official source at the Egyptian General Petroleum Corporation (EGPC) told Amwal Al Ghad. Benzene, diesel and butane are the ...
Egypt’s Fuel Production-Consumption Gap Decreases to 25%
The gap between Egypt’s production and consumption of fuel decreased to 25%, compared to 35% at the beginning of 2018, an official source at the Ministry of Petroleum told Amwal Al Ghad. This means that the coun... Saudi Aramco to Develop Advanced Fuel Technology
Saudi Aramco Technologies Company, alongside Mazda and the National Institute of Advanced Industrial Science and Technology (AIST), has launched a research program to develop advanced engine/fuel combinations for grea...
El Molla Announces Plans to Cover Eid Fuel Demand
Butane refilling factories owned by the Petroleum Gas Company (Petrogas) will be operating at full capacity during the Eid break following the request of petroleum minister Tarek El Molla, Egypt Oil & Gas reports....
Egyptian Government to Hike Electricity Prices by 26%
Electricity prices will increase by an average of 26% on July 1 as subsidy cuts included in the 2018/19 fiscal budget are introduced, according to a document released by the Ministry of Electricity. Households will se...
CAPMAS: Fuel and Petrochemicals Exports Increase
The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018, Amwal Al Ghad reported. Official statistics show that the country exported $1.225 billion worth of oil in Q1 2018, compa...
