Egypt Adds 240,000 b/d of Crude Oil in 2018

Egypt Adds 240,000 b/d of Crude Oil in 2018

The Egyptian oil and gas sector added 240,000 barrels per day (b/d) of crude oil to production in 2018, a source at the Ministry of Petroleum told Amwal Al Ghad.

Around 100,000 b/d of crude were added to production through production enhancement activities, and 27,000 b/d were added through newly-discovered oil fields that started production in 2018, according to the source.

Egypt added 113,000 b/d of crude oil to production due to development wells, of which the oil and gas sector plans to double production capacities.

Egypt currently produces around 660,000 b/d of crude oil and condensates, which are pumped into local refineries to extract petroleum products to cover local market’s demands.

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Sarah Samir 3573 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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