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Cost of transportation of petroleum products in 2015/2016 amounted to EGP 18.1bn: CAPMAS - Daily News Egypt

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Cost of transportation of petroleum products in 2015/2016 amounted to EGP 18.1bn: CAPMAS

The total cost of transportation of petroleum products reached EGP 18.1bn in 2015/2016, up from EGP 14.1bn in 2014/2015—an increase of 28%. The Central Agency for Public Mobilization and Statistics (CAPMAS) issued its annual bulletin on the means of transporting petroleum products in 2015/2016, indicating that the total transported quantities by the various means of …


The total cost of transportation of petroleum products reached EGP 18.1bn in 2015/2016, up from EGP 14.1bn in 2014/2015—an increase of 28%.

The Central Agency for Public Mobilization and Statistics (CAPMAS) issued its annual bulletin on the means of transporting petroleum products in 2015/2016, indicating that the total transported quantities by the various means of transportation reached 150.4m metric tonnes in 2015/2016, up from 146.9m metric tonnes in 2014/2015—registering an increase of 2.3%.

The highest amounts were transferred by the Sumed line, where the line alone transferred 65.8m metric tonnes in 2015/2016.

On the other hand, railway tanks transferred the least amounts, registering only 446,100 metric tonnes in the same period.

CAPMAS noted that the total amount transferred by lorries reached 17.6m metric tonnes in 2015/2016, down from 17.9m metric tonnes in 2014/2015—a decline of 1.5%.

The total number of both the main and internal oil pipelines of the Petroleum Pipelines Company (PPC) reached 58 lines with a total length of 5,600km in 2015/2016.

Total transferred quantities of petroleum products, crude oil, condensates, and liquefied petroleum gas (LPG), through the company’s lines reached 61.1m metric tonnes in 2015/2016, up from 59.1m metric tonnes in 2014/2015—an increase of 3.5 %.

Moreover, CAPMAS stated that transferred crude oil and other petroleum products by coastal tankers reached 5.4m metric tonnes in 2015/2016, of which 5.1m metric tonnes were crude oil and 0.3m metric tonnes were other petroleum products.

The overall average cost of transporting one metric tonne of petroleum products reached EGP 120.4 in 2015/2016, while it was EGP 96.2 in 2014/2015—an increase of 25.2%.

CAPMAS said that this is the highest average cost ever reached in Egypt of transporting petroleum products. The highest cost of transporting one metric tonne of petroleum products was at EGP 308 through pipelines, which is 155.8% more than the average cost. This is due to special pipelines needed to transport petroleum products, according to CAPMAS.

The report pointed out that the lowest cost for transporting petroleum products was recorded through railway tanks, which cost only EGP 19—84.2% less than the average.

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https://wwww.dailynewssegypt.com/2017/03/21/cost-transportation-petroleum-products-20152016-amounted-egp-18-1bn-capmas/
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