Egypt pumps 75mn T of fuel daily to meet market’s needs: EGPC

Egyptian oil sector pumps around 75 million tonnes of fuel daily in different governorates to cover needs of the local market, Head of the Egyptian General Petroleum Corporate (EGPC) said Monday.

Speaking to Amwal Al Ghad, Tarek El Hadidy added that the sector injects around 50 million tonnes of petrol and 25 million of diesel in different governorates to avoid any crisis notably in power and industry sectors.

Petroleum sector’s strategy that targets reaching self-sufficiency by 2019 would play an important role in securing state’s growing needs of fuel, the official pointed out.

Moreover, part of Egypt’s needs of fuel are provided through importing so as to filling the gap between production volume and annual consumption rate, El Hadidy stated.