VOL. XXXII

NO. 42

24-JULY-1989

EGYPT

1988 Oil and Gas Output Down 2.8%, Net Oil Export Revenues Fall 48.3%

Egypt's oil, gas and condensate output fell by 2.8% to 49,595,000 metric tonsin 1988 from 51,034,000 tons in 1987, according to statistics published in arecent issue of al-Bitrul, the monthly magazine of the Egyptian GeneralPetroleum Corporation (EGPC). The 1988 figure comprises: (a) 42,845,000 tons(about 840,009 b/d) of crude oil, down 5.2% from 45,177,000 tons (about 885,729b/d) in 1987;...