EGYPT

Suco's Output now Averaging 135,000 b/d

The output of Suco's three Gulf of Suez fields - Ras Budran, Ras Fanar and Zeit

Bay -is now averaging about 135,000 bid, according to a recent issue of al-Bitrul, the monthly magazine published by the Egyptian General Petroleum Corporation (EGPC). Suco is owned 50% by the EGPC and 50% in equal parts by Deminex (operator), Shell and BP.

The Ras Budran field, located 8 kms. north of Abu Rudeis in the eastern part of the Gulf of Suez,...