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EGPC's production exceeds 62,000 bpd for first time

EGPC's production exceeds 62,000 bpd for first time
EGPC's crude oil production has exceeded 62,000 bpd

Cairo - Mubasher: The crude oil production of the state-owned Egyptian General Petroleum Corporation (EGPC) has exceeded 62,000 barrels per day (bpd) for the first time since its establishment in 1957.

This record reflects the successful integrated work programme applied by the company in its fields in the eastern and western desert, the Gulf of Suez, and Sinai despite the coronavirus (COVID-19) challenges, Egyptian Ministry of Petroleum and Mineral Wealth announced on Thursday.

The company's programme has focused on launching new exploration operations, developing fields, putting new wells on production, and improving infrastructure to raise the production efficiency to protect the environment.

The ministry further remarked that the company is implementing a number of vital projects to increase the production of public oil fields.

These projects include the development of the newly discovered field in the Abu Senan area in the western desert scheduled to be completed in the second half of 2020.