Egypt’s Daily Crude Oil Production Increases by 4.3%
Egypt's daily crude oil production has increased by 4.3% so far in 2018, compared to 2017, said head of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal.
EGPC | Egypt Oil & Gas - Part 27
Egypt Crude Production Reaches 660,000 b/d
Egypt is currently producing around 660,000 barrels per day (b/d) of crude oil.
Cabinet Issues E&P Agreements Licenses
The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession.
Diesel Consumption Reaches Close to 275,000 tons a Week
The Egyptian local market consumed around 275,000 tons per week, across the state’s sector, while the country’s output reached 130,000 per week.
Egypt Pumps 250,000 Butane Cylinders per Week
The Egyptian General Petroleum Corporation (EGPC) recently succeeded in pumping 250,000 butane cylinders during the past week to cover the demands of the commercial and residential sectors across the country.
EGPC Exports Bunker Fuel to Europe
The Egyptian General Petroleum Corporation is shifting into exporting bunker fuel instead of importing high sulfur fuel oil from Europe.
Botagasco Sells 83.9 M Butane Cylinders in 2017
The Egyptian Company for Gas Transportation and Delivery (Botagasco) sold 83.9 million butane cylinders in 2017, which is 20% higher than the 70.3 million cylinders sold in 2016.
Egypt to Increase Oil Output by 1.5%
The Egyptian Ministry of Petroleum and Mineral Resources plans to increase crude oil production by around 1.5% to meet its production target.
Petroleum Ministry Highlights Importance of Adopting Recent Technologies
Egyptian oil and gas sector supports developing scientific research in order to cope with the information revolution.
Egypt to Pay $250 M Arrears to IOCs in March
The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018.
