Egypt’s Natural Gas Output Increases 19% YOY
Egypt’s natural gas output increased by 18.998% year-on-year (YOY), reaching 4.278 million tons in January 2019, up from the 3.595 million tons produced in January 2018.
Egypt’s natural gas output increased by 18.998% year-on-year (YOY), reaching 4.278 million tons in January 2019, up from the 3.595 million tons produced in January 2018.
Diesel production in Egypt is estimated at 545,000 tons per month, which are produced from state owned and private owned refineries and covers parts of local market's demands.
South Disouq will sell its natural gas to the Egyptian Natural Gas Holding Company (EGAS) at a price of $2.85 per 1,000 cubic feet.
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.
BP plans to add 300 million standard cubic feet per day (mmscf/d) from Giza and Fayoum natural gas fields to production.
The company produced 5 million tons of different high quality petroleum products that meet global standards.
Ethydco achieved targeted production last year, covering local demand and increasing exports.
The field's current production recorded over 2 bcf/d, which directly contributes to help Egypt reach natural gas self-sufficiency by the end of 2018.
The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...
Egypt has achieved highest production of crude oil and natural gas in its history during February 2019, producing 1.8 mmboe/d.