Egypt’s Consumption of Petroleum Products Decreases by 4.4% Y.o.Y
Consumption of petroleum products declined by 4.4% Year-on-Year (Y.o.Y), from 3 million tons in November 2016 to 2.877 million tons in November 2017.
production | Egypt Oil & Gas - Part 61
SDX Targets 4,422 boe/d from North West Gemsa in 2018
SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).
Pharaonic Petroleum to Produce 512 mscf/d of Natural Gas in 2018/2019
Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.
Petrobel to Boost Production to 358,000 boe/d
Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.
SDX to Increase Natural Gas Gross Production from Morocco
SDX Energy Incorporation announced plans to increase its natural gas gross production from Morocco to reach between 8 and 10 million standard cubic feet per day (mscf/d) by the end of 2018.
Iran’s West Karoun Oil Output Doubles in 2017
Iranian oil output from its West Karoun oilfields reached 305,000 b/d in the Iranian month of Dey, compared to 161,000 b/d during the same period this year.
Egypt’s Natural Gas Production Increases by 14% Y.o.Y
The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.
Ganope’s Production Plan to Reach 8.9 M Barrels
South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during FY 2018/2019.
Electricity Exports Reach 747 GWH in 2015/2016
Egypt’s electricity exports reached 747 GWH during FY 2015/2016, while electricity imports recorded 54 GWH in the same FY, declining by 69.8% from the 179 GWH imports in 2002/2003.
GPC to Drill 18 Wells in 2018/2019
The General Petroleum Company (GPC) plans to drill 5 exploratory wells and 13 development wells, as well as maintain and complete 27 wells during FY 2018/2019.
