Egyptian Petroleum Products Output Increases by 1.5% Y.o.Y
Egypt’s output of petroleum products increased by around 1.5% Year-on-Year (Y.o.Y) from 2.77 million tons in December 2016 to 2.811 million tons in December 2017.
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 FY 2018/19.
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.
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.
COOP Achieves 5 M tons of Petroleum Sales
Petroleum Cooperative Society Company (COOP) reached 5 million tons of petroleum products sales and 38,000 tons of lubricants’ sales during the first half of FY 2017/2018.
Misr Petroleum Company to Sell 10 M Tons in 2018/2019
Misr Petroleum Company plans to reach target sales of 10 million tons during FY 2018/2019 and achieve around EGP 49.8 billion sales revenue out of services and products sales,
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.
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.
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.
