production | Egypt Oil & Gas - Part 63

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.

Egypt is the 3rd Arab Country in Gas Consumption

Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.

Iraq to Boost Oil Output Capacity to 5 mb/d

Iraq’s oil output capacity is coming close to 5 million b/d. Yet, the OPEC member will comply with the global supply cut pact.

Rashpetco Natural Gas Production Hits 486 mscf/d in H1

Rashid Petroleum Company/Burullus Gas Company (Rashpetco) has achieved its production target for the first half of fiscal year (FY) 2017/2018, reaching 684 mscf/d of natural gas.

Petrogas to Pump 26 M Butane Cylinders/Month

Petrogas Company plans to pump 26 million butane cylinder per month into the Egyptian markets starting June 2018, Petrogas’ Head, Adel Al Shuwaikh, stated.

EPC to Produce 90,000 Tons of Polyvinyl Chloride in 2018/2019

EPC is planning to produce 90,000 tons of polyvinyl chloride, 65,000 tons of caustic soda, and 15,000 tons of hydrochloric acid in fiscal year (FY) 2018/2019.

Page 63 of 82

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