VOL. XL

No. 33

18-August-1997

EGYPT

1996 Oil Output Down 3.7%, Natural Gas Output Up 4.7%, Net Oil Trade Revenue Down 9.7%

Egypt's oil, gas and condensate output decreased by 1.7% to 55,538,000 metric tons in 1996 from 56,485,000 tons in 1995, according to the 1996 Annual Report of the Egyptian General Petroleum Corporation (EGPC). The 1996 output figure comprises: (a) 42,784,000 tons (about 855,680 b/d) of crude oil, down 3.7% from 44,436,000 tons (about 888,720 b/d) in 1995; (b)...