Egypt announces record-high crude oil production for first time in decades
Egypt’s Ministry of Petroleum has recently announced the achievement of a record number in producing crude oil, exceeding 65,000 barrels per day, for the first time since 1957.
Egypt’s Minister of Petroleum and Mineral Resources Tarek el-Molla recently announced that Egypt has reached a record in the production of crude oil, exceeding 65,000 barrels per day, for the first time since 1957.
During a Sept. 13 meeting of the General Petroleum Company's General Assembly, which he presided over, Molla stressed the importance of increasing research work and activities, exploration, development of existing fields and setting new production wells to increase production, in addition to developing the main infrastructure needed for ongoing production operations and enhanced exploitation.
