EGPC | Egypt Oil & Gas - Part 36

EGPC | Egypt Oil & Gas - Part 36

Egypt Produces 626,000 b/d of Crude & Condensates

Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.

Petrochemical Complex to Begin Production in 2021

The Egyptian Petrochemicals Holding Company (ECHEM) is constructing a $3 billion petrochemical and refining complex in the Suez Canal Economic Zone.

EGPC to Supervise Development in Ras Fanar

The Egyptian Cabinet granted preliminary approval for the Egyptian Natural Petroleum Corporation (EGPC) to supervise the development of the Ras Fanar area.

Diesel Consumption Falls by 8%

Diesel consumption has fallen by approximately 8% in 2017.

Cabinet Extends SUMED’s Mandate

The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years.

El Molla Urges Redoubled Effort in Atoll Field

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired a meeting to review the development of the Atoll gas field.

Apache, APEX, Shell Awarded 5 Concessions in EGPC Tender

he Egyptian Cabinet and Parliament approved the signing of contracts with US Apache, APEX International Energy, and Royal Dutch Shell, as the companies won five concession areas in the Western Desert.

GPC Launches New Bid Round in Eastern Desert

The General Petroleum Company (GPC) announced its latest exploration tender.

Power Plants Consume 26,000 tons of Mazut Daily

Egypt's electricity-generating power plants consume 26,000 tons of mazut per day in addition to natural gas.

Butane Consumption Drops in July

Egyptian consumption and production of butane decreased in July 2017.

Page 36 of 65

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