IDSC records 67% decline in natural gas exports in December
YOUM7 (Archive)
By MARIAM BADR EL-DIN

CAIRO: The Information and Decision Support Center (IDSC) noted a 67.33 percent decline of Egypt’s natural gas exports over December  2013, worth U.S. $63.7 million, compared to U.S. $195 million over the same period of last year.

Further, Egypt’s production of natural gas has also declined by 11.86 percent during the same period, registering 3.35 million tons compared to 3.8 million tons over the same period of last year.

IDSC said that domestic consumption also edged down by 4.2 percent, at 3.119 million tons compared to 3.25 million tons over the same period last year.

Further, IDSC observes a 10 percent decline in the value of crude oil and petroleum derivatives exports, worth U.S. $458 million compared to U.S. $510 million in 2012.

Meanwhile, crude oil, condensates and butane gases’ production edged higher by 1.1 percent, registering 3.16 million tons compared to 2.9million tons over the same period of last year.

Originally published in Youm7.

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