Natural Gas Production Increases by 15.7% YOY
Egypt's natural gas output increased by around 15.7% year-on-year (YOY), producing 3.9 million tons in May 2018, compared to 3.4 million tons in May 2017.
production | Egypt Oil & Gas - Part 57
Butane Production Slightly Increases YOY
Egypt produced 626,000 tons for butane in the first four months of 2018, an increase of 31,000 tons year-on-year (YOY).
Oil Rises on Iran Supply Concerns
Oil prices rose on June 27 after US officials ramped up pressure on its allies to end imports of Iranian crude by November.
El Molla: Egypt to Start Exporting Gas Early 2019
Egypt may stop importing liquefied natural gas (LNG) by Q4 2018 and start exporting it at the beginning of 2019.
OPEC, Russia Agree to Raise Production
OPEC has agreed with Russia and other non-OPEC producers to raise oil production from July.
Pharaonic Petroleum Produces 600 mscf/d of Natural Gas
Pharaonic Petroleum's natural gas production has reached 600 million standard cubic feet per day (mscf/d).
CAPMAS: Slight Raise in Annual Electricity Production and Consumption
Egypt’s electricity consumption increased by 3.57% year-on-year (YoY) to reach 11.6 mega kilowatt per hour (mkw/h) in February 2018, compared to 11.2 mkw/h in February 2017.
Egypt’s Diesel Consumption Drops 6.69% YOY
Egypt’s diesel consumption fell 6.69% year-on-year (YOY) in March 2018.
Butane Imports Decrease by 1.29% YOY in March
Egypt’s butane imports decreased by around 1.29% in March 2018 compared with March 2017.
Arabian Gulf Oil Company Returns to Full Production After Power Problems
Oil output from Libya’s Arabian Gulf Oil Company (AGOCO) has returned to its normal level of 250,000 barrels per day (b/d) after electricity supply problems.
