VOL. XXXII

NO. 50

18-SEPTEMBER-1989

EGYPT

Terms of ARCO/LL&E Concession Agreement

The terms of the oil and gas production-sharing concession agreementconcluded between Egypt and the two US firms Atlantic Richfield Company (ARCO)and Louisiana Land and Exploration (LL&E) for acreage at South Salum inEgypt's Western Desert have become available to MEES. The highlights of theagreement, which has been officially approved and published in the EgyptianOfficial Gazette on 5 August, are given...