Petroleum Exports Rise to $1.8B in Q1
The value of petroleum exports rose 20% to reach $1.8 billion in the first quarter of fiscal year (FY) 2017/2018.
Petroleum Products | Egypt Oil & Gas - Part 16
Egypt Spent EGP 23.8 B on Fuel Subsidies in Q1 2017/2018
Egypt has spent total EGP 23.8 billion on subsiding different petroleum products in the first quarter of fiscal year (FY) 2017/2018, saving EGP 4 billion from the allocated EGP 27.7 billion in the FY's budget.
Egypt’s Fuel Imports Reach $819M in June
The Egyptian oil and gas sector imported fuel for $819 million in June 2017, making around 30.6% Year-over-Year (Y-o-Y) increase from $627 million worth fuel in June 2016.
CORC Refines 4.6M Tons of Crude Oil
Cairo Oil Refining Company (CORC) refined 4.6 million tons of crude oil in fiscal year (FY) 2016/2017.
El Molla, ATC Discuss Investment & Cooperation Opportunities
The CEO of Aramco Trading Company (ATC), Ibrahim Gassem El Buaiain, met with the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to discuss cooperation and investment opportunities.
Petroleum Ministry Injects Fuel in Market before Eid
The Egyptian Ministry of Petroleum and Mineral Resources will inject more fuel into the Egyptian markets ahead of Eid El Adha and the back-to-school season.
Egypt Exports $2.955B Worth of Crude Oil and Petroleum Products
Egypt exported approximately $2.955-billion worth of crude oil and petroleum products between July 2016 and March 2017.
Oman Produces More Petroleum Products
Oman’s production of petroleum products rose 12% year-on-year during the first half of 2017. Egyptian Refineries Secure 65% of Local Fuel Demand
Egyptian refineries secure approximately 65% of the country’s daily demands for petroleum products.
