Egypt to Develop 11 Oil and Gas Projects in FY 2019/20
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
production | Egypt Oil & Gas - Part 50
Zohr Produces 12.2 bcm in 2018
The gas field's production increased around four times, reaching 3.1 bcm in the second half of 2018, compared to the first half's output.
Electricity Production Increases by 5.7% YOY in October 2018
Egyptian electricity production increased by 5.7% YOY in October 2018, recording 16.7 MWh compared to 15.8 MWh in October 2017.
Egypt Diesel Consumption Falls 12.54% YOY
Egypt’s diesel consumption fell by 12.54% YOY in October 2018, recording 1.039 million tons down from 1.188 million tons in November 2017.
Petroleum Production Covers 75% of the Market’s Demands
The Egyptian oil and gas sector managed to boost production rates during the second half of 2018 to reach 665,000 b/d of crude oil and condensates, which covers around 75% of the local market's demands.
Egyptian Butane Production Increases by 12.42% YOY
Egyptian butane output grew by 12.42% YOY, reaching 153,000 tons in November 2018 compared to 136,100 produced in November 2017.
Egypt’s Natural Gas Output Increases 30.35% YOY
Egypt’s natural gas output increased by 30.35% YOY reaching 4.067 million tons in November 2018, up from 3.12 million tons produced in November 2017.
Petroleum Products Consumption Falls by 11.6% YOY
Egypt’s consumption of petroleum products dropped by around 11.6% YOY in November 2018 to 2.542 million tons, compared to 2.877 million tons in November 2017.
Egypt Natural Gas Production to Reach 8 bcf/d in FY 2019/20
Egypt's natural gas production is expected to reach 8 bcf/d during FY 2019/20 due to completing and operating natural gas development projects.
Petrogulf Corporation to Invest $50 M in FY 2018/19
Petrogulf Corporation plans to invest $50 million in fiscal year (FY) 2018/19, as the company is conducting a program that includes a number of projects to boost infrastructure efficiency and to rehabilitate, rene ...
