VOL. XLV

No 19

13-May-2002

EGYPT

Egyptian Crude Output Edges LowerIn 1Q As Condensate Rises

Egyptiancrude oil output fell to a new long-term low at an average of 624,194 b/d inMarch, resuming the long-term decline in production after the output plateau inthe final quarter of 2001. Average production for 1Q was 626,190 b/d, down 2%from the 2001 average (see table and also MEES,14 January). Natural gas output during the quarter was slightly below the 2001average, while condensate production in...