Monday, July 24, 2017

Egyptian Gas Production Records 3,160 tons in April - EGYPT OIL & GAS / AMWAL AL GHAD

Monday, 24th July 2017

Egypt’s gas production recorded a remarkable increase in April 2017 as it reached 3,160 tons, compared to 2,420 tons in April 2016, due to adding new fields to production and local grid, reported Amwal Al Ghad.

Furthermore, reports of the Central Agency for Public Mobilization and Statistics (CAPMAS) showed that natural gas consumption also largely increased from 2,820 tons in 2016 to 3,340 tons in 2017.

Meanwhile, crude oil and condensates production in the oil and gas sector decreased to 2,660 tons in April 2017, compared to 3,840 tons in the same period of 2016, while oil consumption increased to 3,305 tons in April 2017, compared to 3,200 tons in 2016.



Additionally, gas production was 2,820 tons in March 2017, compared to 2,530 tons in March 2016, which reflects the continuous increase in gas output rates, along with the development of existing fields and the addition of new ones to production.

SOURCE