Middle East Economic Survey

VOL. XLVIII

No 9

28-February-2005

EGYPT

Egypt Oil And Gas Export Revenue To Reach $8Bn By 2010, Says Ministry Report

Egypts oil and gas export revenue is expected to reach $8bn in 2010, according to a recent report presented by Petroleum Minister Sameh Fahmy to Prime Minister Ahmad Nazif. Total oil and natural gas production is expected to increase from 75mn tons in 2005-06 to 100mn tons in 2009-10. Petrochemicals production should increase from 680,000 tons to 5.97mn...