Despite Record Gasoline Imports, Egypt’s Retail Pumps Run Dry

EGPC has had to organize record gasoline imports to tackle a double whammy of record demand and reduced output from Egypt’s refiners, according to the latest data from the Joint Organizations Data Initiative (Jodi). Yet despite the state oil firm’s efforts, there have been gasoline shortages.

Egypt’s gasoline demand reached a new peak of 159,000 b/d in July, while refineries’ output fell to...