Petroleum Minister: Egypt’s crude oil production reaches highest level in two years
Badawi inspected Alexandria Petroleum’s lube oil complex revamp, emphasizing safety while reviewing a LE150 million project by Reham Alfa’s team that restored two 45-year-old boilers.
Petroleum Minister Karim Badawi announced Saturday, July 25, 2026, that Egypt’s crude oil production hit its highest level in nearly two years, driven by settling partner dues to boost local output.
This saved two billion LE over buying new units and will cut annual operating costs by LE30 million with zero accidents.
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