VOL. XXXV

NO. 8

25-NOVEMBER-1991

Egypt

Gupco's Current Oil Reserves Put at 1.35bn Barrels

A report by Gupco (EGPC/Amoco) on its operations in Egypt, published in theCairo daily al-Ahram on 21 November, puts the company's current crude oilreserves at about 1.35bn barrels. The report states that the company's oilreserves stood at 0.95bn barrels at the start of production in April 1967,rising to a total of 4.36bn barrels as a result of later discoveries, but thatoil production of some 3.015bn barrels...