Cairo – Mubasher: Pharaonic Petroleum Company exceeded its planned output during fiscal year (FY) 2020/2021, the company's Chairman, Essam El-Din El-Agrawy, said.
The company sold 162 billion cubic feet of gas and 3.3 million barrels of condensates during the last fiscal year, according to a statement by the Ministry of Petroleum on Sunday.
Pharaonic Petroleum Company also completed the drilling of Atoll-4 and Qattamiya wells, adding 160 million cubic feet of gas per day since December 2020.