Petroleum Imports | Egypt Oil & Gas
Egypt’s Petroleum Exports Grow by 33.8% in Q1 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, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Per the statement...
Petroleum Trade Deficit Records $421 MM in FY 2019/20
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, according to the Central Bank of Egypt (CBE). The decl...
Petroleum Trade Deficit Drops 91% YoY
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, according to the Central Bank ...
Crude Oil Imports Decline by 47.5% in April
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%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). C...
EGPC: Monthly Fuel’s Imports Slip to $900 MM in August
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 the Egyptian General ...
Petroleum Sector to Achieve Self-Sufficiency Ahead of Time
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, according to AlWatan News. The Minis...
Egypt’s Petroleum Exports Increase by 5% in 2018: CAPMAS
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, Arab Finance reported. Official figures publ...
Egypt to Import EGP 185b Worth Petroleum Products
An Official at the Egyptian General Petroleum Corporation (EGPC) told Egypt Oil&Gas that Egypt will need to increase the allocation for importing petroleum products from EGP 140b in 2017 to reach EGP 185b in 2018....
