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Reading: Egypt’s oil export drops to $1.97 billion in first 2 months of 2023
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AfricaNews360 > Business > Egypt’s oil export drops to $1.97 billion in first 2 months of 2023
Business

Egypt’s oil export drops to $1.97 billion in first 2 months of 2023

Posted Yussif Alhassan Uthman May 8, 2023 1 Min Read
Updated 2023/05/08 at 12:20 PM
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Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS), has disclosed that the fuel exports value saw a $769 million decline during January and February of 2023 to record $1.97 billion from $2.74 billion 2022.

The crude oil exports decreased by 58.8 percent to reach about $243 million, compared with $590 million during the same period, a decline of $347 million, CAPMAS’s report added.

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While, the petroleum products exports value fell to $291 million in January and February 2023, from $528 million in January and February 2022, recording a decline of $237 million.

RSS EDITORS’ SUGGESTIONS

TAGGED: Egypt, Egypt oil export, Featured, Oil and gas, Other
SOURCES: Amwal Aghad
Yussif Alhassan Uthman May 8, 2023
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