Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018, Abed Ezz El Regal, head of the Egyptian General Petroleum Corporation (EGPC), told Amwal Al Ghad.

Production grew due to the recent discoveries, especially during the period between 2014 and 2018, in addition, the development projects in old fields whose output has decreased, Ezz El Regal pointed out.

Launching new crude oil exploration and production (E&P) tenders will boost total production with a possibility to reach 700,000 b/d in the upcoming period, which will support the refining industry that currently receives great governmental interest, Ezz El Regal noted.

The government is working on increasing the refineries capacity to exceed 40 million tons per year as it completes developing refineries and adding new production units to them.