Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), said Egypt’s crude oil production has hit its highest level in nearly two years. He credited settling outstanding payments to investment partners ...
During the first half of fiscal year (FY) 2024/25, Egypt's petroleum imports value increased by 53.3% to reach $9.7 billion, compared to $6.3 billion in the first half (H1) of FY 2023/24. Imports of natural gas gr ...
The Minister of Finance Mohamed Maait has announced that Egypt achieved petroleum exports worth $13 billion with surplus $4 billion during the first nine months of the fiscal year (FY) 2021/22.
Egypt's petroleum exports contributed to the decline in the value of the deficit in the country's trade balance during the first quarter of 2022 to $7.4 billion, down by 33.7% on an annual basis from $11.16 billio ...
The Ministry of Petroleum and Mineral Resources announced that the Egyptian petroleum trade balance achieved a surplus of EGP 46.4 billion in 2021.
Egypt’s petroleum exports have gone up by 33.8% in Q1 2021 recording $1.819 billion against $1.359 billion in Q1 2020.
The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year.
Misr Petroleum will export a third shipment of high-quality motor and industrial petroleum to Rwanda, stated Hussien Fathy the Chairman of Misr Petroleum.
The recent oil slump has narrowed the petroleum trade deficit in Q1 2020 by $405.1 million, amounting to $40 million against 445.1 million in Q1 2019, a 91% year-on-year (YoY) decrease.
Crude oil imports have amounted to $119.1 million in April compared to $227 million in April 2019, with a noticeable decline of 47.5%.
