VOL. XXXIV

NO. 10

10-DECEMBER-1990

Egypt

Egypt Approves Sale of Conoco's Interests to Repsol

Mr. Salah Hafiz, Deputy Chairman of the Egyptian General PetroleumCorporation (EGPC) for exploration and agreements, has confirmed to MEES thatthe Egyptian authorities have given final approval for the sale of Conoco'sproducing and exploration interests in Egypt's Western Desert to Repsol ofSpain. The sales agreement between the two companies was concluded last July(for a listing of the interests...