VOL. XXXV

NO. 12/13

23/30-DECEMBER-1991

Egypt

BP-Repsol Deal Is Clinched

MEES understands that the deal under which British Petroleum (BP) is to sellits producing interest in the Suez Oil Company (Suco) to Repsol of Spain (MEES,9 December) has been clinched. Although some details have still to be workedout, it is felt that there are no obstacles in the way of concluding a finalagreement on the matter. Suco - owned 50% by the Egyptian General PetroleumCorporation (EGPC) and 16.67% each by Deminex...