Egypt Crude Oil Production is at a current level of 627.00K, unchanged from 627.00K last month and down from 636.00K one year ago. This is a change of 0.00% from last month and -1.42% from one year ago. Egypt’s Oil Consumption data is updated yearly, averaging 447.271 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 856.890 Barrel/Day th in 2016 and a record low of 91.508 Barrel/Day th in 1969. Egypt’s Oil Consumption data remains active status in CEIC and is reported by BP PLC. The increase in optimism surrounding the Egyptian oil and gas market is backed by the elimination of fuel subsidies, new bid rounds and new PSAs, as well as a 15% decline in oil and gas production costs. The Oil & Gas Year Egypt 2019 is the most up-to-date and comprehensive report on the country’s hydrocarbons industry.

Crude Oil Production in Egypt remained unchanged at 627 BBL/D/1K in November from 627 BBL/D/1K in October of 2019. Crude Oil Production in Egypt averaged 702.38 BBL/D/1K from 1994 until 2019, reaching an all time high of 930 BBL/D/1K in November of 1996 and a record low of 560 BBL/D/1K in January of 2018. This page provides the latest reported value for - Egypt Crude Oil Production - plus Egypt consumes 877,000 barrels per day (B/d) of oil as of the year 2016.; Egypt ranks 25th in the world for oil consumption, accounting for about 0.9% of the world's total consumption of 97,103,871 barrels per day.; Egypt consumes 0.39 gallons of oil per capita every day (based on the 2016 population of 94,447,073 people), or 142 gallons per capita per year (3 barrels). Egypt Crude Oil Production is at a current level of 627.00K, unchanged from 627.00K last month and down from 636.00K one year ago. This is a change of 0.00% from last month and -1.42% from one year ago. Egypt’s Oil Consumption data is updated yearly, averaging 447.271 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 856.890 Barrel/Day th in 2016 and a record low of 91.508 Barrel/Day th in 1969. Egypt’s Oil Consumption data remains active status in CEIC and is reported by BP PLC. The increase in optimism surrounding the Egyptian oil and gas market is backed by the elimination of fuel subsidies, new bid rounds and new PSAs, as well as a 15% decline in oil and gas production costs. The Oil & Gas Year Egypt 2019 is the most up-to-date and comprehensive report on the country’s hydrocarbons industry.

The oil sectors in the North African countries of Algeria, Libya, Egypt and Sudan have Figure 1: Oil Production in Africa in 2006 (thousand barrels per day).

Feb 13, 2017 However, the discovery of the supergiant gas field Zohr in August 2015 years, oil production in Egypt stood at 700 thousand barrels per day. May 4, 2011 producer or net exporter overall, its oil and natural gas exports are not large Egypt's main influence on energy markets is its control of the Suez Canal In 2009, an estimated 1.8 million barrels per day of oil (Mb/d) (of the  Aug 2, 2016 The situation changed in 2006, when declining production and increasing consumption Oil prices plummeted from $110 per barrel in July 2014 to around $50 in June 2016. Egypt gets poorer and weaker by the day. Egypt's oil production and consumption 2000–2010 (in 1000 barrels per day). CSVDisplay Table. Despite new discoveries and enhanced  Aug 12, 2013 In May 2013, domestic production of petroleum in the United States of 2.2 percent, and averaged 8.9 million barrels of crude petroleum per day. Although Egypt is a relatively small producer of petroleum, fears that the 

Chart and table showing yearly production of crude oil by country (Egypt). Data obtained from the US Energy Information Administration.

This is a list of countries by oil production, as compiled from the U.S. Energy Information Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 30, Egypt, 490,000, 5,166. 31, Congo  1960 - 2018 | Yearly | Barrel/Day th | Organization of the Petroleum Exporting Countries. Egypt's Crude Oil: Production was reported at 548.849 Barrel/Day th in  

Egypt’s Crude Oil Production to Reach 690,000 b/d Sunday, 18th August 2019. Tarek El Mola, the Minister of Petroleum announced that average crude oil production reached 630,000 barrels per day (b/d) and that the petroleum sector aims to reach 690,000 b/d by the end of this fiscal year (FY).

Feb 13, 2017 However, the discovery of the supergiant gas field Zohr in August 2015 years, oil production in Egypt stood at 700 thousand barrels per day. May 4, 2011 producer or net exporter overall, its oil and natural gas exports are not large Egypt's main influence on energy markets is its control of the Suez Canal In 2009, an estimated 1.8 million barrels per day of oil (Mb/d) (of the  Aug 2, 2016 The situation changed in 2006, when declining production and increasing consumption Oil prices plummeted from $110 per barrel in July 2014 to around $50 in June 2016. Egypt gets poorer and weaker by the day. Egypt's oil production and consumption 2000–2010 (in 1000 barrels per day). CSVDisplay Table. Despite new discoveries and enhanced  Aug 12, 2013 In May 2013, domestic production of petroleum in the United States of 2.2 percent, and averaged 8.9 million barrels of crude petroleum per day. Although Egypt is a relatively small producer of petroleum, fears that the  Jun 5, 2017 After the initial shock, a maximum of 1.5 million barrels per day (mbd) of oil was The United States was the primary source of spare oil production 1973 war, with Iran nationalizing in 1951, Iraq in 1961, and Egypt in 1962.

Egypt Crude Oil Production is at a current level of 627.00K, unchanged from 627.00K last month and down from 636.00K one year ago. This is a change of 0.00% from last month and -1.42% from one year ago.

The year of 1938 symbolized a new era for oil production in Egypt, as the first commercial oilfield was discovered. The Anglo Egyptian Oilfields was able to discover an oil field in Ras Gharib, located between Hurghada and Suez. The well was producing 150 tons of oil per day, which was a boost in the oil production. As of 2005, Egypt operates nine refineries that are capable of processing crude oil at an estimated rate of 726,250 barrels per day (115,465 m 3 /d). The largest refinery is the El-Nasr facility located at Suez. It is able to process 146,300 barrels per day (23,260 m 3 /d). The National oil company is the Egyptian General Petroleum Corporation. Each of these countries experienced major production declines at different times in the past, but since 2014 all three have been producing near their peak rates of 9 to 11 million barrels per day. Saudi Arabia and Russia also top the list of oil exporting countries, while Russia is not a member of OPEC. Egypt consumes 877,000 barrels per day (B/d) of oil as of the year 2016.; Egypt ranks 25th in the world for oil consumption, accounting for about 0.9% of the world's total consumption of 97,103,871 barrels per day.; Egypt consumes 0.39 gallons of oil per capita every day (based on the 2016 population of 94,447,073 people), or 142 gallons per capita per year (3 barrels). Egypt to increase oil production to 690,000 barrels per day: minister. Al-Masry Al-Youm. August 13, 2019 11:39 am. Egyptian Minister of Petroleum Tarek al-Mulla announced a program to increase oil production and make further oil discoveries. In remarks on Monday, the minister said that new economic mechanisms have been put in place to benefit the interests of all parties and encourage Abdel Aziz stressed that the Egyptian government is currently working on assessing gas and oil reserves in the Western Desert. The average oil production in the area has increased from 150,000-165,000 barrels per day in 2000 to 240,000 barrels per day currently. CAIRO – 5 July 2018: Egypt aims to achieve self-sufficiency of natural gas by the end of this year, increasing gas production to 6.5-6.75 billion cubic feet of gas per day, Petroleum Minister Tarek el-Molla said on Thursday.

Aug 12, 2013 In May 2013, domestic production of petroleum in the United States of 2.2 percent, and averaged 8.9 million barrels of crude petroleum per day. Although Egypt is a relatively small producer of petroleum, fears that the  Jun 5, 2017 After the initial shock, a maximum of 1.5 million barrels per day (mbd) of oil was The United States was the primary source of spare oil production 1973 war, with Iran nationalizing in 1951, Iraq in 1961, and Egypt in 1962. Egypt’s Crude Oil: Production was reported at 548.849 Barrel/Day th in Dec 2018. This records an increase from the previous number of 530.863 Barrel/Day th for Dec 2017. Egypt’s Crude Oil: Production data is updated yearly, averaging 564.295 Barrel/Day th from Dec 1960 to 2018, with 59 observations. The data reached an all-time high of 898.403 Barrel/Day th in 1987 and a record low of 61 Crude Oil Production in Egypt remained unchanged at 627 BBL/D/1K in November from 627 BBL/D/1K in October of 2019. Crude Oil Production in Egypt averaged 702.38 BBL/D/1K from 1994 until 2019, reaching an all time high of 930 BBL/D/1K in November of 1996 and a record low of 560 BBL/D/1K in January of 2018. This page provides the latest reported value for - Egypt Crude Oil Production - plus Egypt consumes 877,000 barrels per day (B/d) of oil as of the year 2016.; Egypt ranks 25th in the world for oil consumption, accounting for about 0.9% of the world's total consumption of 97,103,871 barrels per day.; Egypt consumes 0.39 gallons of oil per capita every day (based on the 2016 population of 94,447,073 people), or 142 gallons per capita per year (3 barrels). Egypt Crude Oil Production is at a current level of 627.00K, unchanged from 627.00K last month and down from 636.00K one year ago. This is a change of 0.00% from last month and -1.42% from one year ago.