Egypt Imports 60% of Butane Consumption
Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.
Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.
Egypt’s diesel production decreased by 6.5% year-on-year (YOY) in January 2019, recording 518,000 tons, down from the 554,000 tons of January 2018.
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
Egyptian butane imports decreased by 8.36% year-on-year (YOY), reaching 239,000 tons in January 2019, compared to the 260,800 imported in January 2018.
Egypt’s consumption of petroleum products decreased by around 8.3% year-on-year (YOY) in January 2019 to 2.649 million tons, compared to 2.896 million tons in January 2018.
Egypt’s natural gas output increased by 18.998% year-on-year (YOY), reaching 4.278 million tons in January 2019, up from the 3.595 million tons produced in January 2018.
Diesel production in Egypt is estimated at 545,000 tons per month, which are produced from state owned and private owned refineries and covers parts of local market's demands.
South Disouq will sell its natural gas to the Egyptian Natural Gas Holding Company (EGAS) at a price of $2.85 per 1,000 cubic feet.
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.