imports | Egypt Oil & Gas

Egypt’s Petroleum Imports Dropped by $138.1M in 2022/23

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 ...

Iraq to Resume Crude Oil Imports to Jordan

Jordan announced that its Iraqi crude oil imports have resumed with 80,000 barrels being transported so far, Reuters reported.

Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23

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.

El Sisi Highlights Zohr Field’s Remarkable Role in Generating Electricity

President Abdel Fattah El Sisi has highlighted the remarkable role of the Zohr field for Egypt in generating electricity throughout the past years.

China’s July Coal Imports from Russia Jump 14%

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 ...

Maait: Oil Price Hikes Could Cost Egypt an Additional $7.2B

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 Achieves $2.1 billion Surplus in July-December 2021/22

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’s Crude Oil Imports From Saudi Arabia Drop by 13% in March

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%.

Saudi Arabia Remains China’s Top Oil Supplier Despite Imports Decline in November

China’s crude oil imports from Saudi Arabia has declined by 13% during November 2021 to 7.4 million barrels per day (mmbl/d) compared to 2.06 mmbl/d in November 2020.

Oman’s Natural Gas Production Increases by 11.7% in September

The Omani total production of natural gas in addition to the imports has increased by 11.77% percent reaching 37.95 billion cubic feet (bcf) at the end of September compared to 33.97 bcf during the same period las ...

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