Petroleum Products | Egypt Oil & Gas - Part 13

Petroleum Products Consumption Declines 8.3% YOY

Egypt’s consumption of petroleum products decreased by around 8.3% year-on-year (YOY) in January 2019 to 2.649 million tons, compared to 2.896 million tons in the same month last year, Egypt Oil & Gas reports. Dat...

Egypt to Cut Petroleum Subsidies by 42% in FY 2019/20

The Egyptian government decided to decrease petroleum subsidies by 42% in the budget plan for fiscal year (FY) 2019/20, sources told Al Borsa News. Egypt allocated around EGP 52 billion in subsiding petroleum products...

Petroleum Arrows Transports 8.5 M Liters of Petroleum Products

Petroleum Arrows Company transports around 8.5 million liters of petroleum products per day, said Ahmed Abdel Moteleb, head of the company, Egypt Oil & Gas reports. The company transports 3,000 tons per day of but...

Egypt Supplies 15.6 M Tons of Petroleum Products in 6 Months

Egypt supplied around 15.6 million tons of petroleum products to cover the local market’s demands, saving around 4.17 million tons due to the energy subsidies reform, said the government performance mid-annual r...

MIDTAP Platform Receives 138 Shipments in 2018

The Middle East Oil Tankage & Pipelines Company (MIDTAP)’s platform received a total of 138 shipments during 2018, said Samir Rizk, head of the company, Egypt Oil & Gas reports. The platform has made 4 million...

Egypt’s Petroleum Transports Reach 147,131 Tonnes in FY 2016/17

Egypt transported a total of 147,131.3 tonnes of petroleum products through different transportation means in fiscal year (FY) 2016/17, compared to 150,384.1 tonnes in FY 2015/16, Egypt Oil & Gas reports. The data...

Petroleum Products Consumption Falls by 11.19% YOY

Egypt’s consumption of petroleum products dropped by around 11.19% year-on-year (YOY) in December 2018 to 2.596 million tons, compared to 2.923 million tons in December 2017, Egypt Oil & Gas reports. Statistics pu...

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, a source at the oil and gas sector told Amwal Al Ghad. The North African country imported pet...

Petroleum Products Consumption Falls by 11.6% YOY

Egypt’s consumption of petroleum products dropped by around 11.6% year-on-year (YOY) in November 2018 to 2.542 million tons, compared to 2.877 million tons in November 2017, Egypt Oil & Gas reports. Statistics pub...

SOPC to Produce 2 M tons of Petroleum Products in 2019/20

Suez Oil Processing Company (SOPC) plans to produce 2 million tons per year of different petroleum products in fiscal year (FY) 2019/20, said Mohamed Eliwa, head of the company, according to Al Borsa News. The company...

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