Cairo – Mubasher: Badr El-Din Petroleum Company (BAPETCO) has increased its output to 97,000 barrels of oil equivalent per day during fiscal year (FY) 2020/2021.
The company's daily production included 349 million cubic feet of gas and 34,300 barrels of oil and condensates, BAPETCO's Chairman, Salah Abdel Karim said in a statement by the Ministry of Petroleum on Monday.
The oil firm's capital and operational investments reached about $317 million during the last fiscal year, Abdel Karim added.
This came during the company's general meeting headed by the Minister of Petroleum, Tarek El-Molla, to approve the business results for FY20/21.
