Middle East Economic Survey

VOL. XLIX

No 13

27-March-2006

EGYPT

Centurion And Shell Sign Farm-in Deal Covering Blocks In Nile Delta, LNG Cooperation

Canadas Centurion Energy International on 20 March announced that it had signed a farm-in agreement with Shell Egypt whereby the latter will acquire 50% of two onshore Centurion-operated exploration concessions in the Nile Delta: West El-Manzala and West El-Qantara. The agreement also includes a provision for cooperation in the development of LNG...