Natural Gas Output Grows by 1.2 M Tons
The development work in Zohr field and some of the exploration fields in the Mediterranean contributed to a production leap early in 2019, increasing production by 700,000 tons in January 2019.
The development work in Zohr field and some of the exploration fields in the Mediterranean contributed to a production leap early in 2019, increasing production by 700,000 tons in January 2019.
Egypt’s electricity production increased by 13.53%, recording 15.1 MWh in January 2019, compared to 13.3 MWh in January 2018.
Egypt’s diesel consumption increased by 10% YOY in February 2019, recording 1.118 million tons, compared to 1.016 million tons consumed in February 2018.
Egypt’s consumption of petroleum products decreased by around 11.82% year-on-year (YOY) in February 2019 to 2.365 million tons, compared to 2.682 million tons in the same month last year.
Egyptian butane imports decreased by 18.78% year-on-year (YOY), reaching 160,000 tons in February 2019, compared to the 197,000 imported in February 2018.
Egypt’s natural gas output grew by 24.16% year-on-year (YOY), reaching 3.962 million tons in February 2019, up from 3.191 million tons produced in February 2018.
Khalda Petroleum Company plans to expand its butane production in 2020 to around 120 tons per day.
The North African country currently produces around 6.8 billion cubic feet per day (bcf/d) of natural gas, and targets to reach 7.6 bcf/d by the end of 2019 and 8 bcf/d by H1 2020.
Qarun plans to boost its output to over 45,000 b/d by the end of 2020 as it explores, develops, and operates new concessions in the Western and Eastern Deserts.
Condensate production from Zohr field increased by 14.29% due to the increase in the field's natural gas output, reaching around 4,000 tons per day compared to 3,500 tons per day in 2018.