Middle East Economic Survey

VOL. XLIX

No 6

6-February-2006

EGYPT

Egypts 2005 Oil Production Slides While Gas Output Climbs

Egyptian crude oil production declined throughout 2005 to average 578,945 b/d for the year, compared to 594,657 b/d in 2004, according to data released by the Egyptian General Petroleum Corporation (EGPC). On a monthly basis, Egypts oil output averaged 590,323 b/d in January 2005 and fell by some 37,000 b/d during the course of the year to average 553,262 b/d in December. By...