NO. 9



Amoco Tipped to Win a Symbolic Victory in EGPC Dispute

MEES understands that Amoco Sharjah Oil Company is likely to win a largelysymbolic victory, in the form of a majority opinion, in its dispute with theEmirates General Petroleum Corporation (EGPC). The dispute, which is beingdecided by an international arbitration tribunal now nearing the end of itswork, is a complex one. For its part Amoco claims arrears of more than $500mnfrom EGPC for deliveries of dry gas...