TERMS OF SHELL'S AMENDED GAS AGREEMENT FOR BADR AL-DIN CONCESSION

Full details of the terms of the amended gas agreement recently concluded between the Egyptian General Petroleum Corporation (EGPC) and Shell Winning for the Badr al-Din concession in Egypt's Western Desert (MEES, 30 March) have become available to MEES. The amended agreement representing the first concerted effort on the part of Egypt to encourage foreign companies to explore, develop and produce gas preferably for...