Egypt’s Petroleum Exports Increased by 128.6% in March YoY

• Thursday, 16th June 2022
• by Sarah Samir

Egypt’s petroleum exports contributed to the decline in the value of the deficit in the country’s trade balance during the first quarter of 2022 to $7.4 billion, down by 33.7% on an annual basis from $11.1...

Egypt’s Oil Trade Balance Achieves $2.1 billion Surplus in July-December 2021/22

• Monday, 30th May 2022
• by Sarah Samir

Egypt’s oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier, according to the Central ...

Madbouly: Investments of Petroleum Sector Reach EGP1.16 Trillion in Six years

• Sunday, 30th August 2020
• by Fatma Ahmed

The Prime Minster, Mostafa Madbouly announced that investments in petroleum sector reached EGP 1.16 trillion in the past six years, according to the official Facebook Page of ministry of Petroleum and Mineral Resource...

Egypt Records First Hydrocarbon Trade Surplus in 5 Years: CBE

• Thursday, 4th July 2019
• by Editorial Team

Egypt’s hydrocarbon trade balance registered an $800 million surplus during Q4 2018, its first since Q4 2013, according to the Central Bank of Egypt (CBE), Egypt Oil & Gas reports. Petroleum exports surged to $3.2...

Iran Produced 4mb/d of Oil in September

• Wednesday, 28th December 2016
• by Egypt Oil & Gas

According to a report by the US Energy Information Agency (EIA), Iran’s oil output, including gas condensate, stood at 4.170mb/d in September, about 870,000b/d more than September 2015, PressTV reported. It added that...