VOL. XXXV

NO. 34

25-MAY-1992

Egypt

Egypt Allocates $10.7bn for Petroleum Sector in Five-Year Plan1992/93-1996/97

The allocations for the petroleum sector in Egypt's five-yearplan 1992/93-1996/97, which starts on 1 July, amount to about $10,706mn. Thesecomprise E10,847,725,000 (about $3,375mn at the current exchange rate of$1.00=E3.2144) for the national public sector and $7,331mn for foreigncompanies and joint ventures (see table below).

Egyptian Petroleum Sector Allocations in Five-Year Plan...