imports | Egypt Oil & Gas - Part 3
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 reach $857.5 million during the first half of fiscal year (FY) 2022/23, according to the Central Bank of...
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. This statement was made during the ceremony to launch the marine unit...
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 th...
Maait: Oil Price Hikes Could Cost Egypt an Additional $7.2B
Minister of Finance Mohamed Maait said that Oil prices staying at $122 per barrel will cost Egypt an additional $7.2 billion to the annual costs of the oil imports which the government will have to take into considera...
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 fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier, according to the Central ...
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%, Reuters reported. Saudi Arabia remains the top oil supplier for China... Saudi Arabia Remains China’s Top Oil Supplier Despite Imports Decline in November
China’s crude oil imports from Saudi Arabia have declined by 13% during November 2021 to 1.8 million barrels per day (mmbl/d), compared to 2.06 mmbl/d in November 2020, Reuters reported according to data from the Gene...
Oman’s Natural Gas Production Increases by 11.7% in September
Oman’s total production of natural gas and imports increased by 11.77% percent reaching 37.95 billion cubic feet (bcf) at the end of September 2021, compared to 33.97 bcf during the same period last year, Oman n...
