Zohr Produces 12.2 bcm in 2018
The gas field's production increased around four times, reaching 3.1 bcm in the second half of 2018, compared to the first half's output.
News / Egypt
EGYPS 2019 to Cover Value Chain Trends
The event will be held with the support of Minister of Petroleum, Tarek El Molla, and is expected to cover all value chain trends.
Electricity Production Increases by 5.7% YOY in October 2018
Egyptian electricity production increased by 5.7% YOY in October 2018, recording 16.7 MWh compared to 15.8 MWh in October 2017.
Egypt Exports $3.1 B Worth Petroleum
Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes.
Egypt Diesel Consumption Falls 12.54% YOY
Egypt’s diesel consumption fell by 12.54% YOY in October 2018, recording 1.039 million tons down from 1.188 million tons in November 2017.
Egypt Economic Growth Reaches 5.5% in H1 2018/19
Egypt's economic growth rate reached 5.5% during the first half of FY 2018/19, increasing 0.2% from the rate in the same period of FY 2017/18.
Egypt Signs 51 Agreements Worth $27.2 B Petroleum Investments: El Molla
The new agreements will boost production capacities, expand E&P operations and contribute to social development in the areas of exploration.
Petroleum Production Covers 75% of the Market’s Demands
The Egyptian oil and gas sector managed to boost production rates during the second half of 2018 to reach 665,000 b/d of crude oil and condensates, which covers around 75% of the local market's demands.
Egyptian Butane Production Increases by 12.42% YOY
Egyptian butane output grew by 12.42% YOY, reaching 153,000 tons in November 2018 compared to 136,100 produced in November 2017.
EDT Offshore to invest in Egypt’s Damietta Port
The logistic support company showed interest in investment opportunities in oil and gas powerships due to the ports' location near natural gas fields.
