Natural Gas Consumption, Production Increase Y.o.Y.

Natural Gas Consumption, Production Increase Y.o.Y.

Natural gas production in October increased 14.7% year-on-year (Y.o.Y.), rising to 3.27 million tons in October 2017 from 2.85 million tons in October 2016, Egypt Oil & Gas reports.

Consumption of natural gas rose 9.0% Y.o.Y. to 3.70 million tons in October 2017 from 3.396 million tons the previous October, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

Production of natural gas decreased 4.37% in September 2017 from August. Output in September dipped to 3.217 million tons from 3.365 million tons in August.

Production from the Atoll and Zohr natural gas fields, which came online in December, should increase Egypt’s production figures. The government aims to achieve natural gas self-sufficiency in 2018.

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Sarah Samir 3530 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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