production | Egypt Oil & Gas - Part 55

Petroleum Production Rose by 1.55% YOY in July

Production of crude oil, condensates, and butane increased by around 1.55% year-on-year (YOY) in July 2018, producing 2.818 million tons compared to 2.775 million tons in July 2017.

Natural Gas Production Increases by 14.9% YOY

Egypt's natural gas output rose by 14.9% year-on-year (YOY) to reach 3.873 million tons in July 2018, compared to 3.371 million tons in July 2017.

Abu Qir Fertilizer Company Records EGP 8.3B Revenue

Abu Qir Fertilizer and Chemical Company recorded revenues of EGP 8.3 billion.

Egypt’s Fuel Production-Consumption Gap Decreases to 25%

The gap between Egypt's production and consumption of fuel has decreased to 25%, compared to 35% at the beginning of 2018.

Zohr Output to Reach 2.7 bcf/d in July 2019

Eni hopes to finish linking Zohr natural gas field's production in July 2019 instead of the end of 2019.

Algeria Crude Exports Down 2.8% in Q1 2018

Algeria’s oil and gas exports fell 2.8% year-on-year (YOY) in Q1 2018 due to higher domestic consumption and lowered production.

El Noubi: GPC Produced 33 mboe in FY 2017/18

The General Petroleum Company (GPC) produced 33 million barrels of oil equivalent (boe) during fiscal year (FY) 2017/18.

BAPETCO Produced 120 boe/d in 2017/18: Company Head

Badr El Din Petroleum Company's (BAPETCO) production increased to 120 barrels of oil equivalent per day (boe/d) during fiscal year (FY) 2017/18.

Abu Qir Achieves 263 mmscf/d Gas Output in 2017/18

Abu Qir Petroleum produced an average 263 million standard cubic feet per day (mmscf/d) of natural gas during fiscal year (FY) 2017/18, a 45% increase from FY 2016/17.

Zohr Production Reaches 2 bcf/d

Natural gas output from Zohr has reached 2 billion cubic feet per day (bcf/d) within the first nine months of production.

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