Agiba Petroleum Company (APC) raised crude oil production rates to 44,000 barrel a day (b/d) and around 18,4 million cubic meters per day mcm/d of natural gas in the fiscal year (FY) 2018/19, a press release by the ministry of petroleum pointed out.
Jordan’s National Electric Power Company (NEPCO) and the Jordanian-Egyptian FAJR for Natural Gas Transmission and Supply Company have signed with two gas supply deals.
The Co-operation petroleum Company (Copetrole) gained revenues reaching EGP 50 billion and sold large amounts, reaching 6,7 million tons of gasoline and diesel out of total sales that reached 7,5 million tons during the fiscal year (FY) 2018/19, a press release carried by the Ministry of Petroleum and Mineral Resources pointed out.
Minister of Petroleum and Mineral Resources Tarek El Molla have hailed the achievements that the General Petroleum Company (GPC) accomplished during the fiscal year (FY) 2018/19, especially achieving 4 oil discoveries with a production rate of 2800 crude oil b/d and 1.1 mcf/d of natural gas, which is the production highest rate since its foundation, a press release by the ministry of petroleum concluded.
Ministry of Petroleum connected the first well at Southern-Western Baltim gas field, located 12km away from the Nooros field in the Nile Delta to the national grid. The new well is expected to produce 100mcf/d of gas after being linked to the onshore Abu Madi plant via a pipeline stretching to 44 km long, A press release said.
Assiut Oil Refining Company (ASORC) has reviewed its achievements during the fiscal year (FY) 2018/19, which include meeting around 60-65% needs of Upper Egypt provinces in relation to oil products, a press release by the ministry of petroleum said.
Minister of Petroleum and Mineral Resources, Tarek El Molla underscored the importance of expanding infrastructure projects and networks to transport crude oil and petroleum products across Egypt’s provinces, with a focus on Upper Egypt. El Molla also emphasized ensuring safety and optimization measures in various petroleum domains.
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Egypt's emissions produced by consuming petroleum and natural gas products decreased from 210 million tons in fiscal year (FY) 2016/17 to 206,8 million in FY 2017/18, with a decrease ratio of 1.5%, said a press statement by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egyptian Natural Gas Holding Company (EGAS) is due to sign a contract with the Jordanian-Egyptian Fajr for Natural Gas Transmission and Supply Company, according to which, Egypt will extend a natural gas pipeline to Amman-based Jordan Phosphate Mines Company (JPMC), reported Al Borsa.
