VOL. XLV

No 27

8-July-2002

 

EGYPT

 

Egyptian Crude Output Edges Higher In 2Q

 

Egyptian crude output edged higher in 2Q after March’s long-term low average production of 624,194 b/d. Average 2Q crude oil production was 632,850 b/d, down 1% from 2001 average production. Gas output dipped in March but was otherwise stable, with gas sales stable through the period. Condensate production continued to increase to a new monthly high of 93,333 b/d in June, while LPG production remained stable.

 

Egypt Hydrocarbon Output, 1Q-2Q 2002

 

 

 

 

 

 

 

 

Average

Average

 

Jun

May

Apr

Mar

Feb

Jan

2001

2000

Oil output (b/d)

635,000

633,548

630,000

624,194

628,571

625,806

639,478

700,000

Gas output (bn cf/d)

2.97

2.62

2.90

2.93

2.86

2.93

3.00

2.04

Gas sales (bn cf/d)

2.48

2.42

2.45

2.47

2.41

2.49

2.38

NA

Condensate output (b/d)

93,333

89,355

87,667

90,323

87,500

86,129

80,185

68,330

LPG output (b/d)

35,667

35,484

35,000

35,484

35,714

37,097

38,735

35,110

 

Source: EGPC.

 

Copyright © 2002 Middle East Economic Survey