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January 9th, 2016 
Awake Goy 
TCP : A total of 76.1 million tons of petroleum products ave crossed the new Suez Canal branch from south to north within 11 months, announced Vice Admiral Mohab Mamish as Chairman of the Suez Canal Authority (SCA) in Thursday press statements.
Suez Canal Authority Head Mohab Mamish
The crossed amount showed an 8.3 percent increased compared to the amount crossed the main canal in 2014, recording 70.2 million tons.
The products include crude oil, gasoline and diesel.
The new 72-kilometer canal was inaugurated parallel to the old one, aiming to speed up transit time, bolster the country’s limping economy and boost annual revenue up to $13.5 billion by 2023.
A report by SCA recently announced that a total of 16,000 ships with 91.4 million tonnages have crossed Egypt’s Suez Canal water way during the same period, from January 2015 to November 2015.
The main Suez Canal waterway is one of Egypt’s core sources of income, providing about 10 percent of the nation’s hard currency.
Youm7 previously quoted a SCA report that showed a drop in the canal’s revenues in November to $408.4 million, after it recorded $449.2 million in October.
According to the authority’s data, revenues dropped over the past months. Reuters indicated that November revenues came as the lowest since February.
Source Article from http://nsnbc.me/2016/01/08/76-1-m-tons-of-petroleum-crossed-new-suez-canal-in-11-months/
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