Petroleum Products | Egypt Oil & Gas - Part 15

CAPMAS: Fuel and Petrochemicals Exports Increase

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...

Egyptian Petroleum Products Consumption Falls 16% YoY

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 to Reach Petroleum Products Self-Sufficiency in 3 Years

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...

El Molla: Egypt Aims For 5% Petroleum Products Import Rate

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...

Egyptian Consumption of Petroleum Products Drops 14.45% Y.o.Y

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...

Egyptian Fuel Exports Fall 0.2% Y.o.Y

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...

Egypt Plans Energy Subsidies Reduction

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 Falls 11.76% Y.o.Y

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 Transports 3 B Liters of Petroleum Products in 2017

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...

Iraq to Decrease Fuel Imports by 25%

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...

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