Egypt’s Petroleum Exports Grow by 33.8% in Q1 2021

• Tuesday, 1st June 2021
• by Editorial Team

Egypt’s petroleum exports have gone up by 33.8% in Q1 2021 recording $1.819 billion against $1.359 billion in Q1 2020.

Petroleum Trade Deficit Records $421 MM in FY 2019/20

• Tuesday, 1st December 2020
• by Editorial Team

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.

Petroleum Trade Deficit Drops 91% YoY

• Wednesday, 29th July 2020
• by Editorial Team

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 Decline by 47.5% in April

• Sunday, 5th July 2020
• by Editorial Team

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%.

EGPC: Monthly Fuel’s Imports Slip to $900 MM in August

• Sunday, 27th October 2019
• by Editorial Team

The value of the petroleum sector’s imports of monthly fuel retreated to nearly $900 million in August 2019, by about $300–400 million during the same period a year earlier, an official source in Egyptian General ...

Petroleum Sector to Achieve Self-Sufficiency Ahead of Time

• Sunday, 1st September 2019
• by Mai El Ghandour

The government is currently working on finishing all petroleum projects on time, if not earlier, to achieve its plans of self-sufficiency and be an exporter instead of an importer.

Egypt’s Petroleum Exports Increase by 5% in 2018: CAPMAS

• Monday, 17th December 2018
• by Sarah Samir

Egypt's petroleum exports increased by around 5% to record $1.848 billion during the first nine months of 2018, compared to $1.761 billion in the same period of 2017.

Egypt to Import EGP 185b Worth Petroleum Products

• Wednesday, 10th May 2017
• by Sarah Samir

Egypt will increase imports allocations from EGP 140b in 2017 to reach EGP 185b in 2018.

Banks Issued $6.34b Letters of Credit to Petroleum Imports

• Sunday, 23rd April 2017
• by Sarah Samir

The Central Bank of Egypt (CBE) stated that the banks operating in the country issued letters of credit worth $6.34b for oil and gas imports during the period from January 2016 to December 2016.

Egypt’s Petroleum Imports Up by a whopping 95%

• Tuesday, 2nd June 2015
• by Egypt Oil & Gas

Egypt's petroleum imports increased 94.7 percent to LE7.82 billion in March from LE4.017 billion in the same period the previous year, state-run news agency MENA quoted the official statistics agency CAPMAS report on ...