imports | Egypt Oil & Gas - Part 3

imports | Egypt Oil & Gas - Part 3

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 ...

China’s Oil Products Exports Down 28% in July

China’s oil product exports have fallen 28% to 4.64 million tons (mmt) month on month (MoM) in July due to oil companies’ quotas shortage.

China’s Crude Oil Imports Jump to 41.2 M tons in July

The country imported a total of 41.24 million tons of crude oil in July, with an average of 9.71 million barrels per day (b/d).

Egypt’s Oil Trade Balance Achieves Surplus of $174.9 mm

The Egyptian oil trade balance achieved surplus estimated at $174.9 million during the first nine months of the fiscal year (FY) 2020/21 compared to a deficit of $773.3 million.

Algeria’s Gas Exports to Spain Jumps to 9.6 bcf in 2020

Algeria’s natural gas exports to Spain recorded 9.6 billion cubic feet (bcf) during 2020, representing 29% from the market stake to become the first supplier of natural gas for Spain,

Indian Oil Imports Record Highest Level in Three years

The Indian oil imports has recorded the highest level in nearly three years, reaching more than 5 million barrels per day (b/d), as its refiners raised the production following the increase of the demand.

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