Petroleum Products | Egypt Oil & Gas - Part 16
Misr Petroleum Allocates EGP 155 M to Establish New Filling Stations
Misr Petroleum Company has allocated EGP 155 million for establishing 160 filling stations during fiscal year (FY) 2018/19 fiscal. The company has started to develop a number of its 1350 filling stations across the co...
Egypt’s Consumption of Petroleum Products Decreases by 4.4% Y.o.Y
Consumption of petroleum products declined by 4.4% Year-on-Year (Y.o.Y), from 3 million tons in November 2016 to 2.877 million tons in November 2017, according to a report by the Central Agency for Public Mobilization...
Petroleum Products Output Reach 28.9 M MT in 2015/2016
Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric tons (MT) in FY 2015/2016, compared to 27.1 million MT in FY 2002/2003, Egypt Oil & Gas reports. Me...
COOP Achieves 5 M tons of Petroleum Sales
Petroleum Cooperative Society Company (COOP) achieved 5 million tons of petroleum products sales and 38,000 tons of lubricants’ sales during the first half of fiscal year (FY) 2017/2018, stated Samir Rizk, COOP’s Head...
Misr Petroleum Company to Sell 10 M Tons in 2018/2019
Misr Petroleum Company is planning to reach target sales of 10 million tons during fiscal year (FY) 2018/2019 and achieve around EGP 49.8 billion sales revenue out of services and products sales for the first time in ...
Output of Petroleum Products Falls by 6.44% Y.o.Y.
Egypt’s output of petroleum products fell 1.26% to 2.818 million tons in October from 2.854 million tons in October 2016, Egypt Oil & Gas reports. Consumption of petroleum products also fell, decreasing 9.76...
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, Amwal Al Ghad reports. This number is up from $1.5 billion during the first quarter of FY 2016/2017. Ex...
Egypt Spent EGP 23.8 B on Fuel Subsidies in Q1 2017/2018
Egypt has spent a total of EGP 23.8 billion on the subsidies of different petroleum products during the first quarter (Q1) of fiscal year (FY) 2017/2018, announced Egyptian Minister of Petroleum and Mineral Resources,...
