*Egypt’s prospects of a near-term increase in oil and gas output are fading. Not only did production of both fall to new multi-year lows for April (see chart 1), but latest Petroleum Ministry drilling data suggest that further losses are in the pipeline.
Egypt Drilling At 2-Year Low As Oil & Gas Output Continue Downward Spiral
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities
IN THIS ARTICLE
Charts
1: Back To The Pre-Zohr Age. Egypt’s Gas Output Is The Lowest Since The Giant Field’s End-2017 Start Up, Whilst Oil Is At A Multi-Decade Low
2: After A Post-Covid Rebound, Egypt’s Rig Count Has Slumped In Recent Months, With April’s 109 A 2-Year Low
REFERENCED MEES ARTICLES
RELATED ARTICLES
Get Our Headlines Weekly
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.