SIDPEC Consortium to Establish Company to Import Liquefied Ethane Gas
Sidi Kerir Petrochemicals Company (SIDPEC) is contracting with a consortium that consists of several parties to import liquefied ethane gas (US shale gas).
Sidi Kerir Petrochemicals Company (SIDPEC) is contracting with a consortium that consists of several parties to import liquefied ethane gas (US shale gas).
Egypt has exported fuel and mineral oils worth $107 million to Jordan in 2023. Meanwhile, Egypt has imported fertilizers worth $105.6 million from Jordan during the same year.
Egypt's petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt's (CBE) Balance of Payment. This comes as a result of a decrease in crude oil imports by $1 ...
Jordan announced that its Iraqi crude oil imports have resumed with 80,000 barrels being transported so far, Reuters reported.
Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million, to be $857.5 million during the first half of fiscal year (FY) 2022/23.
President Abdel Fattah El Sisi has highlighted the remarkable role of the Zohr field for Egypt in generating electricity throughout the past years.
China bought discounted coal while Western nations avoided Russian cargoes due to Russia's invasion of Ukraine, causing China's coal imports from Russia to increase by 14% in July from a year earlier to their high ...
Minister of Finance Mohamed Maait said that the high prices of oil will cost Egypt an additional $7.2 billion to the annual costs of the oil imports which the government will have to take into consideration in its ...
Egypt's oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of the fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier.
China imported around 13% less crude oil from Saudi Arabia in March 2022, compared to a year earlier, while its imports from Russia dropped by 14%.