Egypt Increases Gas Production to 6.9 bcf/d
Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.
Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.
Development projects as well as the field's completion will directly contribute to commencing the production from Baltim field by Q3 2019.
The newly acquired asset will add around 70,000 barrels per day (b/d) to the company’s production as it has the potential to produce 100,000 b/d.
Dana Gas announced an increase in production by 5% in Q1 2019, reaching 68,700 barrels of oil equivalent per day.
Egyptian butane imports during the first three months in 2019 were close to 60% of the country's butane cylinders.
Egypt’s diesel production decreased by 6.5% year-on-year (YOY) in January 2019, recording 518,000 tons, down from the 554,000 tons of January 2018.
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
Egyptian butane imports decreased by 8.36% year-on-year (YOY), reaching 239,000 tons in January 2019, compared to the 260,800 imported in January 2018.
Egypt’s consumption of petroleum products decreased by around 8.3% year-on-year (YOY) in January 2019 to 2.649 million tons, compared to 2.896 million tons in January 2018.