Lower Y-o-Y Diesel Consumption in July
Egypt's consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016.
production | Egypt Oil & Gas - Part 65
Natural Gas Production Rises 28.6%
Egypt’s production of natural gas rose to 3.37 million tons in July 2017, a year-on-year (y-o-y) increase of 28.6% from last year’s 2.62 million tons.
AMOC’s Profits Rise 153%
Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.
Egypt Produces 626,000 b/d of Crude & Condensates
Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.
Hanter: Shell to Maximize Hydrocarbon Potential
Shell is looking to expand its operations in the Western Desert through its partnership with Badr El Din Petroleum (BAPETCO) in order to maximize its hydrocarbon potential.
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.
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%.
