Egypt Produces 45,000 MW/d Electricity in December
Egypt produced around 45,000 megawatt of electricity per day (MW/d) during December 2018.
Egypt produced around 45,000 megawatt of electricity per day (MW/d) during December 2018.
Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.
Crude oil and condensates production in Oman have exceeded more than 30 million barrels with a daily average of 1.14 million barrels in November 2018.
Dana Gas Company announced the completion of the Balsam-8 well drilling in Q4 of 2018, which added over 5,000 barrels of oil equivalent per day (boe/d) to production.
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
Basra Gas Company (BGC) plans to increase its production level to reach 1.05 billion cubic feet per day (mcf/d) by the end of 2018.
Egyptian electricity consumption increased by 2.88% year-on-year (YOY) in August 2018, recording 14.3 megawatts per hour (MWh) compared to 13.9 MWh in August 2017.
Egypt’s diesel output dropped by 2.8% year-on-year (YOY) in September 2018 to reach 552,000 tons, down from 568,000 tons in September 2017.
Egypt’s butane imports plunged by almost a quarter (23.49%) in September.
Egypt's consumption of petroleum products dropped by around 18% year-on-year (YOY) in September 2018 to 2.585 million tons, compared to 3.156 million tons in September 2017.