This comes after the recent crisis caused by Saudi Aramco that sent its oil pledges to the Egyptian Ministry of Petroleum for the month of October.
The quantity was exported by Edco Liquefaction Factory.
In one of the 2020 Annual Meetings of the International Monetary Fund and the World Bank Group, Minister of Finance Mohamed Mait displayed figures on the performance of the Egyptian economy during the COVID-19 crisis and plans for the future.
The reserves of Al Sharara are estimated at three billion barrels, according to Sky News Arabia.
Ibrahim al-Faidi said Haftar's decision was meant to transport staffers and users of oil companies.
He stressed that Egypt has great ambitions to become a regional energy hub.
On September 28, a deal was reached to resume oil production and export.
The disagreement between Meshry and Maiteeq is not the first within the GNA.
Sixth others – worth $731 million - are underway.
The cabinet meeting tackled another number of projects in the fields of basic commodity supply, education, agricultural green houses, and seed productions.
In spite of the increasing care given to renewable energy, particularly solar and wind, bioenergy is still overlooked.
Abdel-Gawad attributed the hike in production to the implementation of a work program to improve the productivity and operation of obsolete wells, in addition to the drilling program for new exploration and development wells.
The daily production of the company includes 38,000 barrels of crude oil, while the daily gas sales reached 423 million cubic feet, the chairman noted.
This came during the Egyptian Minister of Supply Ali Al-Moselhi’s meeting, with Sudan’s Director-General of Sudan’s Military Industry Corporation Mirghani Idris and his accompanying delegation, as well as representatives of the Sudanese Etisalat Company.
Source at the Libyan National Army (LNA) told MENA that the defense ministers of Qatar and Turkey visited Prime Minister of Tripoli-based GNA Fayez al-Sarraj on August 17.
A source at the Libyan National Army (LNA) told Al Arabiyah that the Libyan Armed Forces eliminated a terrorist cell affiliated to the Islamic State (IS).
The Petroleum Ministry said that converting petrol-fuelled cars to run on natural gas reduces fuel costs by nearly 50%.
The ministry said that this high record in production reflected the success in implementing the integrated work program in the various oilfields of the company in the Eastern and Western Desert areas, the Gulf of Suez and Sinai.
Excavation works were revealed at the leak point, which caused a huge explosion on Cairo-Ismailia Road this week, according to investigations by the Public Prosecution.
Khalifa Haftar's Libyan National Army (LNA) said on Saturday it would maintain a blockade on oil production and exports that the National Oil Corp (NOC) says has cost the country $6.5 billion in lost revenue.