Egypt petroleum exports over 2.3M tons in H1

Egypt announced that its petroleum product exports exceeded 2.3 million tons in the first half of 2026, which is roughly equivalent to the total exports for the entire year of 2025. Crude oil production reached its highest level in about two years, and refinery utilization rates increased to around 80%. Meanwhile, the value of fuel exports—including jet fuel and naphtha—amounted to approximately $2.3 billion between January and June 2026. Development projects for refineries have also been implemented, with investments totaling up to $4.5 billion to boost production and enhance safe operation, with a focus on developing oil, gasoline, and other petroleum derivative complexes.

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