VOL. XXXV

NO. 26

30-MARCH-1992

Egypt

Terms of IEOC's North Port Said Concession

The terms of the oil and gas exploration and production agreement signed lastJuly (MEES, 29 July 1991) by Egypt with the ENI/Agip subsidiary InternationalEgyptian Oil Company (IEOC) for the North Port Said tract have become availableto MEES. The agreement, for which the effective date is 28 February 1992,follows closely the pattern of other Egyptian oil and gas production-sharingconcession agreements. The tract covers...