The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018, Amwal Al Ghad reported. Official statistics show that the country exported $1.225 billion worth of oil in Q1 2018, compa...
Egypt’s consumption of petroleum products fell by 15.97% year-on-year (YoY) to reach 2.815 million tons in March 2018, compared to 3.35 million tons in March 2017, Egypt Oil & Gas reports. The country’s output of ...
Egypt will achieve self-sufficiency in petroleum products in three years, Egyptian Minister of Petroleum, Tarek El Molla, has announced, according to Al Masry Al Youm. Reaching self-sufficiency does not mean halting c...
Egypt plans to develop refineries during the upcoming four years to decrease the import rate of petroleum products to 5%, compared to the current rate of 35%, Egyptian Minister of Petroleum Tarek El Molla has said, ac...
Egypt’s consumption of petroleum products fell by around 14.45% year-on-year (Y.o.Y) to reach 2.682 million tons in February 2018, compared to 3.135 million tons in February 2018, Egypt Oil & Gas reports. The coun...
The value of Egyptian fuel exports fell 0.2% year-on-year (Y.o.Y) to January 2018, Amwal Al Ghad has reported. Statistics published by the Central Agency for Public Mobilization and Statistics (CAPMAS) reveal that Egy...
The Egyptian government plans to reduce subsidies of petroleum products by 26% and electricity subsidies by 47% in the annual budget for the 2018/2019 fiscal year (FY), Amwal Al Ghad reported. The government aims to c...
Egypt’s consumption of petroleum products fell from 3.282 million tons in January 2017 to 2.896 million tons in January 2018, a 11.76% year-on-year (Y.o.Y) decrease, Egypt Oil & Gas reports. The country’s output o...
Petroleum Arrows Company transported 3 billion liters of petroleum products during 2017, according to Abdellah Ibrahim, Head of the company, Egypt Oil & Gas reports. Ibrahim also announced that the company shipped...
The Iraqi Ministry of Oil has announced plans to decrease imports of petroleum products by 25%, Reuters has reported. The decision was made because crude refineries are being rehabilitated after the conflict with Isla...