Egyptian Natural Gas Output to Reach 8 bcf/d in 2021: Ministry Official
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
Kuwait National Petroleum Company (KNPC) plans to spend around $25 billion to increase the refining capacity to 2 million barrels per day (b/d) by 2035.
The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019.
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018.
Saudi Aramco has signed a long-term agreement with Chinese Zhejiang Rongsheng for a supply of crude to the company’s new refinery in eastern China.
Alexandria Petroleum Company refined around 4.3 million tons of crude oil during fiscal year (FY) 2017/18.
The Gulf of Suez Petroleum Company's (GUPCO) produced an average of 71,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2017/18 from its field in the Gulf of Suez.
Iraq's State Oil Marketing Organization (SOMO) has raised its oil selling price for July exports of Basra Light and Basra Heavy crude grades to Asia.
Egypt’s consumption of petroleum products fell by 15.97% year-on-year (YoY) to reach 2.815 million tons in March 2018, compared to 3.35 million tons in March 2018.
The value of Egyptian petroleum exports increased by 5.7% to reach $407 million during January and February 2018, up from $385 million in the first two months of 2017.