VOL. XLI

No. 13

30-March-1998

EGYPT

1997 Oil And Gas Output Drops 1.84%, Net Oil Trade Revenue Substantially Down By33.26%

Egypt's oil, gas and condensate output fell by 1.84% to 54,516,000 metric tons in 1997from 55,538,000 tons in 1996, according to a recent issue of al-Bitrul magazinepublished by the Egyptian General Petroleum Corporation (EGPC). The 1997 output figurecomprises: (a) 41,370,000 tons (about 827,400 b/d) of crude oil, down 3.30% from42,784,000 tons (about 855,680 b/d) in 1996;...