Petroleum Products

PM made certain strategic stocks of petroleum products 'sufficient'

Wed, 19 Aug 2020 - 08:03 GMT

This came at a meeting with Petroleum and Mineral Resources Minister Tarek el Molla to follow up a number of files and make sure that the strategic stocks of petroleum products are within safe levels.

Egypt’s Petroleum subsidy bill to hit LE 30B in 2019/20

Wed, 15 Jan 2020 - 01:29 GMT

In 2019/2020 budget, the estimations of petroleum subsidies were around LE 52.9 billion, compared to LE 89 billion in the prior year.

Cutting subsidies: Putting money where it belongs

Sat, 16 Jun 2018 - 12:27 GMT

Economic reform steps taken to decrease subsidies and spending are set to put Egypt on a brighter economic path.

Industrial production ups 11.7% in Q1 2017

Mon, 04 Dec 2017 - 11:48 GMT

Industrial production in the quarter, excluding crude and refined petroleum, recorded LE 127.7 billion.

Alexandria Petroleum’s output marked LE 34B last fiscal year

Tue, 12 Sep 2017 - 10:13 GMT

The company refined 4.5 million tons of high-quality petroleum products to meet domestic needs.

8.7M tons of petroleum products crossed Suez Canal in July

Mon, 04 Sep 2017 - 11:41 GMT

The petroleum products included crude oil, gasoline, diesel, fuel oil and petroleum gases.

Crude oil exports drop to $203M in April: CAPMAS

Thu, 20 Jul 2017 - 06:00 GMT

Egypt’s exports of crude oil and petroleum products declined month-on-month to $ 203 million in April after registering $ 226 million.

Industrials production value up 11.3% yoy in Q3: CAPMAS

Tue, 06 Jun 2017 - 12:56 GMT

The industrial sector’s production value rose 11.3 percent in the third quarter of 2017, up from LE 84.8 billion ($4.6 billion) in Q3 2015.