VOL. XXXII

NO. 32

15-MAY-1989

EGYPT

Egypt Plans to Maintain Production at 870,000-900,000 B/D

Egyptian Oil Minister Abd El-Hady Kandil has affirmed that despite fallingproduction from some of the older oilfields particularly in the Gulf of Suez,Egypt is determined to maintain the current output level of 870,000-900,000 b/dby stepping up exploration activities and bringing into production a number ofnew oil discoveries. He said that during the next three years a number of newfields will be...