Gov’t to boost Egypt oil production by 11% in 2023

  • Date: 04-Jun-2023
  • Source: Al Bawaba
  • Sector:Oil & Gas
  • Country:Egypt
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Gov’t to boost Egypt oil production by 11% in 2023

ALBAWABA – Egypt is working on boosting oil production by 11 percent in 2023, up to 650 thousand barrels per day, compared to 587 thousand, Bloomberg reported Sunday.

Annually, Egypt consumes around 12 million tons of diesel and about 6.7 million tons of gasoline.