Middle East Economic Survey
VOL. LII
No 36
7-Sep-2009
EGYPT
Egypts Hydrocarbons Revenue Falls To $11.4Bn In 2008-09
The value of Egypts exports of hydrocarbons crude oil, natural gas, petroleum products and petrochemicals fell 26% from the previous year to $11.4bn in fiscal 2008-09, which started on 1 July, the Egyptian Ministry of Petroleum said in a report posted on its website. The decline was attributed to a fall in international oil prices caused by the global recession, the report said,...
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