Oil: Crude oil production rises 4.3%

Oil: Crude oil production rises 4.3%

Crude oil production up 4.3%, oil: Crude oil production up 4.3% We are publishing new news to you today through our news observatory and start with the most important news: Crude oil production rose 4.3%. Egypt’s crude oil production rose to 657,000 bpd now, up 4.3 percent from a year ago, Abed Ezz al-Ghanim, head of the Egyptian General Petroleum Corporation, said. “Our production of oil rose to 657,000 bpd now compared to 630 Thousand barrels per day a year ago. ” This came during statements to reporters on Tuesday on the sidelines of the conference and the ninth international exhibition of the Mediterranean countries, “Moq 2018”, in the presence of the Minister of Petroleum Tariq Mulla, and the Governor of Alexandria, Mohammed Sultan, which is held this year under the slogan “Discover the potential of the Mediterranean launch the second” The conference will last for 3 days with the participation of nearly 200 local, Arab and international companies in the oil and gas industry from 12 countries, experts and interested in the petroleum industry. In addition to its strategic location, Egypt has the potential to be a regional center for oil and gas trading and trading in order to exploit all the available resources in the Eastern Mediterranean region and has already taken bold steps by working on various axes, The most important of which is the formation of a government committee comprising all the responsible authorities in the country to prepare a specific strategy to transform Egypt into a regional center. Egypt is expected to sign an agreement with the European Union next week in the fields of gas, oil and electricity in the framework of Egypt’s efforts to become a major energy center in the region. Egypt is increasing gas production in the eastern Mediterranean from fields such as the development of the West Nile Delta and its share in the giant back field operated by Italy’s Eni, as well as gas liquefaction plants that will help it export to Europe. Related Topics: Eni aims to raise field production to 2 billion feet per day Egypt signs an agreement with the European Union in the field of gas and oil Thank you for following us and we promise you always to provide everything that is best .. and the transfer of news from all sources of news and facilitate reading to you. Do not forget the work of IK for our page on Facebook and follow the latest news on Twitter. With the greetings of the family of the Observatory news website.
Oil Outlook: Crude oil production rises 4.3%, Follow us on social networking sites of our site to receive new news permanently. Source : News Editing

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