Middle East Economic Survey

VOL. XLVIII

No 21

23-May-2005

EGYPT

Egypt Oil Production Slips From 2004 Average

Egyptian crude oil production continued to edge downwards during the first four months of 2005 compared with the 2004 average of 594,657 b/d, according to the latest data released by the Egyptian General Petroleum Corporation (EGPC). Crude output during April averaged 586,435 b/d compared to 590,323 b/d in January. Gas production in April averaged 3.34bn cf/d, below the 2004 average of...