{"id":670285,"date":"2025-08-17T00:00:00","date_gmt":"2025-08-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/oil-output-drops-to-four-decade-low-in-2q\/"},"modified":"2025-08-17T00:00:00","modified_gmt":"2025-08-17T00:00:00","slug":"oil-output-drops-to-four-decade-low-in-2q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/oil-output-drops-to-four-decade-low-in-2q\/","title":{"rendered":"Oil output drops to four-decade low in 2Q"},"content":{"rendered":"

Good afternoon, friends, and happy Sunday<\/strong>. International headlines continue to be dominated by the aftermath of the Alaska Summit, while at home, Egypt\u2019s oil production has fallen to a four-decade low. <\/p>\n

\n

THE BIG STORY TODAY-<\/p>\n

Oil production in Egypt sees lowest output since the <\/strong>early 1980s<\/strong>, dropping to 513k bbl\/d in 2Q 2025, according to calculations of Oil Ministry data by industry publication Middle East Econo<\/a>mic Survey (Mees)<\/a>. The decline is cutting into a key source of state revenue and forcing the country to lean more heavily on oil imports to cover domestic consumption. The drop comes alongside a slump in gas output, which fell to a nine-year low of 4.2 bcf\/d in 2Q. <\/p>\n

Egypt\u2019s refining sector is also struggling<\/strong>. Throughputs averaged 490k bbl\/d over the first five months of the year, covering just 56% of the country\u2019s 875k bbl\/d crude distillation unit capacity. Refinery output of 493k bbl\/d met only 64% of domestic demand, with gasoline and diesel production falling well short of covering consumption. <\/p>\n

** We\u2019ll have more on the story in tomorrow\u2019s edition of EnterpriseAM Egypt. <\/strong>Stay tuned.<\/p>\n

\n

THE BIG STORY ABROAD-<\/p>\n

It\u2019s a calm day on the business front<\/strong>, with international headlines dominated by the latest developments between Russia and Ukraine following the Alaska Summit, and Israel and Palestine.<\/p>\n

US President Donald Trump is reportedly set to back an agreement that would <\/strong>see Ukraine concede territory to Russia<\/strong>, in an effort to put an end to the war between both countries. Trump believes a peace agreement could be reached were Ukrainian President Volodymyr Zelenskyy to agree to relinquish the Donbas region, a region rich in mineral resources. In exchange for the region, Putin would halt advances in Southern Ukraine, which is currently occupied by Russian forces.<\/p>\n

ICYMI<\/strong>- The Alaska Summit held on Friday ended with no ceasefire agreement reached, despite Trump insisting that the summit would not end without one. On Saturday, Trump took to Truth Social<\/a> to announce that a peace agreement is now the goal, seeing as ceasefire agreements \u201coftentimes do not hold up.\u201d (Guardian<\/a> | NYT<\/a> | WP<\/a> | Reuters<\/a>) <\/p>\n

MEANWHILE<\/strong>- Residents of Gaza are set to be forced into the south of the enclave to \u201censure their safety,\u201d a spokesperson for the Israeli military said on Saturday. Residents will reportedly receive tents and \u201cother shelter equipment\u201d to facilitate relocation. The news comes following Israel\u2019s announcement to take full military control over Gaza, sparking major diplomatic backlash<\/a>. Both Palestinians and UN officials have noted that no place \u2014 including the south \u2014 in Gaza is safe. (Reuters<\/a> | Guardian<\/a>)<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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\"enterprise\"<\/p>\n

*** It\u2019s Inside Industry day \u2014 your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n

In today\u2019s issue<\/strong>: We\u2019re taking a look at Egypt\u2019s sustainable energy consumption initiatives.<\/p>\n

\u2600\ufe0f TOMORROW\u2019S<\/strong> WEATHER-<\/strong> Had enough of the intense heat? Well, we have good news \u2014 kind of. Temperatures in Cairo are set to peak at 37\u00b0C, before cooling down to 23\u00b0C. Up north, we\u2019re in for a high of 29\u00b0C and a low of 26\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good afternoon, friends, and happy Sunday. International headlines continue to be dominated by the aftermath of the Alaska Summit, while at home, Egypt\u2019s oil production has fallen to a four-decade low. THE BIG STORY TODAY- Oil production in Egypt sees lowest output since the early 1980s, dropping to 513k bbl\/d in 2Q 2025, according to […]<\/p>\n","protected":false},"author":1,"featured_media":670286,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[93,633,91,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-670285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-energy","tag-enterprisepm","tag-oil-and-gas","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"6a9b2b93-3b3c-44b6-99b4-4037e789cadd","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/5\/2299.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oil output drops to four-decade low in 2Q 2025","related_issue":[670283],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.85aecd96-b889-4dc2-8bac-547af7be15be.mp3"},"yoast_head":"\nOil output drops to four-decade low in 2Q - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/oil-output-drops-to-four-decade-low-in-2q\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil output drops to four-decade low in 2Q\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy Sunday. 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Also, it\u2019s dramedy week on the tube","author":"enterpriseam admin","date":"29 August 2021","format":false,"excerpt":"Good afternoon, ladies and gentlemen, to your abridged version of EnterprisePM. Don\u2019t let the shortened version fool you, as it was a busy day in the local press. THE BIG STORIES OF THE DAY- Swvl plans post-Nasdaq investment spree: Homegrown mass transport startup Swvl says it plans to invest big\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590822,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/output-cuts-are-taking-their-toll-on-saudi-oil-income\/","url_meta":{"origin":670285,"position":3},"title":"Output cuts are taking their toll on Saudi oil income","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"Monthly oil revenues fell by a third in May to hit their lowest level since September 2021","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1052.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623458,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/what-were-tracking-on-31-october-halloween-acwa-powers-2-25-gw-plant-oil-prices-and-the-end-of-us-citizenship-by-birthright\/","url_meta":{"origin":670285,"position":4},"title":"What we\u2019re tracking on 31 October: Halloween, ACWA Power\u2019s 2.25 GW plant, oil prices and the end of US citizenship by birthright","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"Happy Halloween, ladies and gentlemen. We\u2019re celebrating with a game (or two) of Stranger Things Monopoly with the family tonight \u2014 and hope you have something similarly enjoyable planned. We love holidays \u2014 of all nations, religions and persuasions \u2014 but Halloween really appeals to the kid in each of\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/1543.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548342,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/04\/non-oil-business-activity-continues-to-fall-in-july-but-is-inflation-beginning-to-ease\/","url_meta":{"origin":670285,"position":5},"title":"Non-oil business activity continues to fall in July \u2014 but is inflation beginning to ease?","author":"enterpriseam admin","date":"4 August 2022","format":false,"excerpt":"Activity in Egypt\u2019s non-oil private sector continued to contract at a rapid pace in July as high inflation weighed on demand and output, according to the S&P Global purchasing managers\u2019 index (pdf). Business activity fell at a slightly slower pace during the month amid signs of softening inflation, though the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/144.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=670285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/670285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/670283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/670286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=670285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=670285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=670285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=670285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=670285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}