INSUBCONTINENT EXCLUSIVE:
reached 159.7 million cubic meters per day, marking an 8% increase year-on-year and a 5.6% rise from the previous month.The divergence
While oil output faltered, the total energy production combined both oil and gas.It amounted to 4.345 million barrels of oil equivalent per
These offshore reserves yielded 3.463 million barrels of oil equivalent per day, demonstrating a 5.5% growth both annually and
independently or in partnership, accounted for 89.21% of the total output
The natural gas sector showed promising signs of efficiency and growth.Gas utilization reached an impressive 97.8%, with 54.33 million cubic
meters supplied to the market daily
production relied on a vast network of wells
A total of 6,432 wells contributed to the output, with 493 located offshore and 5,939 onshore.This diverse array of production sites
navigate the delicate balance between economic growth and environmental concerns.The August 2024 data serves as a reminder of the volatility
inherent in oil and gas production
It also underscores the importance of diversification in ensuring energy security.
