ASORC Refines 3.8M Tons Crude Oil
Assuit Oil Refining Company (ASORC) refined 3.8 million tons of crude oil during fiscal year (FY) 2016/2017, according to the Head of ASORC, Nagy Abdel Ghaffar.
production | Egypt Oil & Gas - Part 64
GPC Increases Production by 5%
Egypt’s state-owned General Petroleum Company (GPC) increased its production by 5% to reach a production rate of 86,400 barrels of oil equivalent per day (boe/d) in fiscal year (FY) 2016/2017).
Alexandria Petroleum Company Invests EGP 33.9B in 2016/2017
Alexandria Petroleum Company announced its latest investment figures, which amount to EGP 33.9 billion.
Egypt’s Consumption, Production of Hydrocarbons Falls
Consumption of crude oil, condensates, and butane fell to 3.02 million tons in June from 3.49 million tons in June 2016, a year-on-year (y-o-y) decline of 13.5%.
Egypt’s Gas Production Rises
Egypt’s production of natural gas rose to 3.19 million tons in June, a year-on-year (y-o-y) increase of 26.5% from last year’s 2.52 million tons.
Petrobel Exceeds Gas Production Target
Belayim Petroleum Company (Petrobel) has exceeded its production target for gas by 30% during the current fiscal year.
Agiba Petroleum Increases Production, Reserves
The head of Agiba Petroleum, Alaa El Batal, reported that the company increased both reserves and production during fiscal year (FY) 2016/2017.
Khalda Achieves 99% of Production Target
Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.
TransGlobe Produces 13,851 b/d of Crude
TransGlobe Energy Corporation announced production rates of 13,851 barrels per day (b/d) of oil from its Egyptian fields during the second quarter of 2017.
