Egypt’s exports of natural gas raised about 7.54% in 9 months
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nformation and support center and decision makers of the Council of Ministers revealed rise of Egypt›s exports of natural gas and its derivatives during the first nine months of this year, including representing 7.54% to the tune of one billion and 418 million dollars compared billion and $ 319 million during the period the same from 2011 to rise by $ 99 million. The Center said in its economic and social indicators bulletin economic that the rate of production of natural gas during the period from January to September 2012 rose slightly by 0.05% to up to 34 thousand and 497 tons compared to 34 thousand and 481 tons during the comparable period. And the bulletin showed that domestic consumption of natural gas increased during the period by 74.7% to 29 thousand and 691 tons against 27 thousand and 558 tons during the first nine months of 2011 also increased consumption of electricity from natural gas consumers during this period of the year by about 2.1% to a
record 3 t 59% versus 1 t 58% during the same period of last year. In the crude oil sector and petroleum products bulletin pointed to fall in the value of Egyptian exports of crude oil and petroleum products during the period from January to September last two rose 2.14% to the tune of about 4,000,196 thousand compared to $ 4,000,687 thousand dollars during the first nine months of the year past. The bulletin also noted the rise in crude oil production and condensate
and LPG by 3 t 1% during the first nine months of this year to record about 26 thousand and 453 tons against 26 thousand and 121 tons during the comparable period. The bulletin pointed out indicators of social and economic status increase domestic consumption of petroleum products, including 5.1 per cent to reach 24 thousand and 606 tons in the period from January to September 2012 compared to 24 thousand and 245 tons during the corresponding period of 2011.
Petroleum Today -
November 2012
53