Middle East Economic Survey
VOL. XLVIII
No 2
10-January-2005
EGYPT
Egypt Oil Output Resumes Downwards Trend in 4Q
Egyptian oil production resumed its downwards trend in the last three months of 2004, recording its lowest monthly average output for the year in December, according to the latest data released by the Egyptian General Petroleum Corporation (EGPC). Average oil production for the year stood at 594,647 b/d, down 3.9% from the 2003 average (MEES, 11 October 2004). As has been the pattern...
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