TransGlobe Produces 11,776 b/d of Oil in Egypt
TransGlobe Energy has announced it produced 11,776 barrel per day (b/d) of oil from its Egyptian fields during Q1 2018.
TransGlobe Energy has announced it produced 11,776 barrel per day (b/d) of oil from its Egyptian fields during Q1 2018.
Egypt is currently producing around 660,000 barrels per day (b/d) of crude oil.
The Egyptian oil and gas sector completed 24 projects over the past four years, investing $16.2 billion in the process, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has stated.
Egypt’s electricity generation increased by around 0.67% year-on-year to reach 15 kWh in January 2018, compared to 14.9 kWh in January 2017.
Egypt produced 554,000 tons of diesel in January 2018, an 8.73% year-on-year decrease.
Egypt’s butane imports increased 19% year-on-year between January 2017 and January 2018.
Egyptian natural gas output increased 28.45% year-on-year, reaching 3.595 million tons in January 2018 compared to 2.799 million tons in January 2017.
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country's national grid.
Egypt’s total natural gas production reached around 5.4 billion cubic feet per day (bcf/d) in February 2018, a source in the oil and gas sector has revealed.
Tharwa Petroleum Company drilled seven development and exploratory wells and successfully made two new oil discoveries at Abu Sennan concession in 2017.