Current production from Zohr gas field hiked to 2.7 billion cubic meters per day, added the ministry Mondayز
The first and second lines of the factory have been started with a production capacity of 18,000 tons of sugar per day, in preparation for reaching the maximum production capacities of about one million tons per year during the next year 2023.
This is needed to increase production and reserves of oil and gas resources, Molla said during a meeting Tuesday with Mathios Rigas, CEO of Energean PLC.
El-said clarified that this will create job opportunities in the sector, and increase the income of small farmers, whilst increasing exports.
The limit of production of 7 billion local cigarettes in one month had been exceeded by 10 percent than the previous highest production figure.
The increase of global wheat production would lead to a decline in wheat prices globally and, thus, Egypt, the largest wheat importer in the world, will benefit from the declined prices, Abu Saddam clarified.
The Ministry of State for Military Production started manufacturing a 100-percent Egyptian multi-barrel machine gun at Military Factory 300.
President Sisi’s orders aim to meet Egypt’s local need and open the horizons for exporting furniture to the African and Arab geographical surroundings.
The Ministry of Finance began implementing on Sunday presidential decree no.59/2020 on modifying tariffs on specific goods.
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.
Egypt’s production jumped by 82.7 percent on an annual basis to reach 6.5 terawatt hours (TWh), exceeding the average increase of 14.3 percent during the previous 10 years.
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.
The car will be produced by El Nasr Automotive Manufacturing Co.
The Ministry of Agriculture and Land Reclamation declared Monday that the initiative will be introduced in Damietta and Kafr Al Sheikh governorates.
Prime Minister Mostafa Madbouli visited on Saturday the plants of SE Writing Systems and Uniliver Mashreq within a tour in a number of factories in 6th of October City.
General Manager of Centamin Egypt Youssef al-Raghy told Egypt Today that the size of target production of Sokary Gold Mine in 2020 is 510,000 -540,000 ounces.
The company also signed four development contracts with a total of $20 million grants.
Some 7.2 billion cubic feet of natural gas and 650,000 barrels of crude oil were produced per day.
Both parties agreed to get involved in export targeting African and Arab markets given the many trade agreements Egypt is part of.
The volume of production of the liquefaction plant in Edco is expected to reach 100 percent in the coming period, the sources said.