Egypt Exports $3.1 B Worth Petroleum
Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes.
Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes.
Egypt’s consumption of petroleum products dropped by around 11.6% YOY in November 2018 to 2.542 million tons, compared to 2.877 million tons in November 2017.
The company will conduct a number of projects with investments around EGP 700 million.
Egypt’s consumption of petroleum products dropped by around 7.4% YOY in October 2018 to 2.749 million tons, compared to 2.969 million tons in October 2017.
Misr Petroleum Company and Petronas are preparing to launch a new joint venture (JV) for producing high quality lubricants and exporting them during Q1 2019.
Egypt's consumption of petroleum products dropped by around 18% year-on-year (YOY) in September 2018 to 2.585 million tons, compared to 3.156 million tons in September 2017.
Egyptians consume around $42 billion worth petroleum products each year, said President Abdel Fattah El Sisi during the 'Rebuilding Societies and States in the Context of Post-Conflict' discussion at the World You ...
Egypt spends over $1.5 billion monthly to secure local demand for petroleum products.
Production of crude oil, condensates, and butane increased by around 1.55% year-on-year (YOY) in July 2018, producing 2.818 million tons compared to 2.775 million tons in July 2017.
Domestic consumption of petroleum products is expected to rise by 10.24% in fiscal year (FY) 2018/19 to reach 35.5 million tons.