Butane Imports Increased by Almost 10.5% YOY in May 2018

Egypt’s butane imports increased by 10.37% year-on-year (YOY) in May 2018, importing 218,100 tons compared to 197,600 tons in May 2017, Egypt Oil & Gas reports.

Meanwhile, Egypt’s butane consumption slightly decreased by 0.83% YoY, recording 347,700 tons in May 2018, compared to 350,600 in the same month of the 2017, according to Central Agency for Public Mobilization and Statistics (CAPMAS) figures.

Moreover, the country’s butane output grew by around 1.4%, reaching 165,600 tons in May 2018, up from 163,300 million tons in 2017.

Egypt produced 626,000 tons for butane in the first four months of 2018, an increase of 31,000 tons year-on-year (YOY), Egyptian General Petroleum Corporation (EGPC) head, Abed Ezz El Regal, told Amwal Al Ghad.

The country consumed 1.4 million tons of butane during the same period in 2018, consuming 60,000 – 100,000 tons less than in the first four months of 2017.

Butane imports during the same period also decreased, falling to 887,000 tons from 940,000 tons.

Egypt Oil & Gas Contribution Time: 03-Sep-2018 14:31 (GMT)
Egypt Oil & Gas Last Update Time: 03-Sep-2018 14:31 (GMT)