GPC Oil Production Hit 97.400 Barrels a DaySource: www.gulfoilandgas.com 1/13/2019, Location: Egypt |
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The state-owned General Petroleum Company (GPC) said that its total production hit 97,400 barrels per day in the first half of the current fiscal year 2018-2019.
The GPC production from its own fields reached the highest ever level at 63, 600 barrels of oil equivalent, Chairman Nabil Abdel Sadek said. He noted that a newly adopted strategy cut production cost by 12 percent. He made the remarks at a general assembly meeting held to approve the budget of the next fiscal year 2019-2020. For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects |
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