Petroleum Ministry to Settle IOC Arrears by 2019 End
The Egyptian Ministry of Petroleum plans to settle total arrears for international oil companies (IOCs), which have reached $1.2 billion, by the end of 2019.
Egypt | Egypt Oil & Gas - Part 248
Electricity Output Drops by 1.97% YOY in July 2018
Egyptian electricity production dropped by 1.97% year-on-year (YOY) in July 2018, generating 19.9 megawatts per hour (MWh) compared to 20.3 MWh in July 2017.
El Sisi: Egypt Consumes $42 B Worth Petroleum Products/Year
Egyptians consume around $42 billion worth petroleum products each year, said President Abdel Fattah El Sisi during the 'Rebuilding Societies and States in the Context of Post-Conflict' discussion at the World You ...
Diesel Consumption Drops by 17.89% YOY
Egypt’s diesel consumption dropped by 17.89% year-on-year (YOY) to reach 1.014 million tons in August 2018, down from 1.235 million tons in August 2017.
Egyptian Butane Imports Dropped by 7.33% YOY
Egypt’s butane imports decreased by 7.33% year-on-year (YOY) as the country imported 148,000 tons in August 2018, compared to 159,700 tons in August 2017.
Egypt Targets Boosting Crude Oil Production by 10,000 b/d
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.
Petroleum Production Rose by 1.53% YOY in August
Production of crude oil, condensates, and butane increased by around 1.53% year-on-year (YOY) in August 2018, producing 2.852 million tons compared to 2.809 million tons in August 2017.
Natural Gas Production Increases by 19.59% YOY
Egypt’s natural gas output rose by around 19.59% year-on-year (YOY) to reach 4.023 million tons in August 2018, compared to 3.364 million tons in August 2017.
Eni to Invest $5B in Zohr Gas Processing Plant
Eni has estimated that it will invest $5 billion to construct a gas processing plant for Zohr natural gas field.
Egypt’s Production of Crude Oil and Condensates Increases to 660,000 b/d
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018.
