Egypt PEST Evaluation Petroleum Transportation Industry

Egypt PEST Evaluation Petroleum Transportation Industry

Petroleum transportation industryOil was exploited in the Roman province of Dacia , now in Romania, exactly where it was named starting of the Romanian petroleum sector dates back to 1769 with the documentation of rudimentary crude oil extraction in Moldavia by Dimitrie Cantemir, a former Moldavia King, who published the account in “Descriptio Moldavie.”The first documents attesting the existence of fuel oil on today’s territory of Romania do not tell us, even so, how oil was extracted or what it was used for. Hydrogen is frequently pointed out as the power source of the future. The methods in making use of hydrogen as a transportation fuel consist in generating hydrogen by electrolysis of water or by extracting it from hydrocarbons. Then, compressing or converting hydrogen into liquid form and storing it on-board a car. Finally, making use of fuel cell to create electricity on demand from the hydrogen to propel a motor vehicle. Hydrogen fuel cells are more effective than gasoline and create near-zero pollutants. But hydrogen suffers from many difficulties, specifically because a lot of energy can be wasted in its production, transfer and storage. Hydrogen manufacturing calls for electrical energy production. Apart from, hydrogen has a very low energy density and calls for quite low temperature and very high stress storage tank adding weight and volume to a automobile. This suggests that liquid hydrogen fuel would be a better alternative for ship and aircraft propulsion.

The Energy and Petroleum Regulatory Authority will regulate generation, importation, exportation, transmission, distribution, provide and use of electrical energy with the exception of the licensing of nuclear facilities. It will also regulate importation, refining, exportation, transportation, storage and sale of petroleum and petroleum merchandise with the exception of crude oil, as well as manage production, conversion, distribution, supply, marketing and use of renewable …

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