VOL. XLI

No. 16

20-April-1998

EGYPT

Egyptian Energy Consumption Now Averages 1.2Mn BOED

Egyptian energy consumption has now risen to 1.2mn barrels of oil equivalent daily(boed), comprising crude oil, natural gas, hydroelectric power and coal, according toEgyptian Oil Minister Hamdi al-Banbi as quoted in the Cairo daily al-Ahram on 11April. The Minister said that crude oil provides 60% of local energy requirements, naturalgas 34%, hydroelectric power 3% and coal 3%. Industry accounts for 50% of...