VOL. XXXV

NO. 43

27-JULY-1992

Egypt

IEOC Makes Gas Discovery in N. Port Said Offshore Permit

The Agip subsidiary International Egyptian Oil Company (IEOC) has made a gasdiscovery with its Port Fuad-3 well in the North Port Said offshore permit inthe Mediterranean, according to statements attributed to Dr. Mustafa Sha'rawi,Chairman of the Egyptian General Petroleum Corporation (EGPC), by the Cairodaily al-Ahram of 22 July. The well, located about 40 kms. north of Port Fuad,reportedly tested at a...