VOL. XXXI

NO. 26

4-APRIL-1988

EGYPT

1987 Oil and Gas Output Rises 12.3%, Oil Trade Surplus Leaps 110.8%

Egypt's oil and gas output increased to 51,034,000 metric tons in 1987,representing an increase of 12.3% over the 1986 figure of 45,437,000 tons, butonly 4.6% up over the 1985 figure of 48,800,000 tons (see Tables 1 and 2overleaf). The 1987 figure comprises 45,177,000 tons (896,114 b/d, converted atthe rate of 1 ton equals 7.24 barrels) of crude oil, up 12.3% from 40,237,000tons (798,126 b/d) in...