EGYPT

Kandil Approves Plans for Putting New Oil and Gas Discoveries into Production

On 5 September, Egyptian Oil Minister Abd El-Hady Kandil approved plans for putting 31 new oil discoveries and 8 gas discoveries into production during the current five-year development plan which started last July, according to the Cairo daily al-Ahram of 6 September. However, the Minister stressed that the start of production from the new discoveries does not imply any increase in output in excess of...