Middle East Economic Survey

VOL. XLVII

No 45

8-November-2004

EGYPT

Lukoil Commissions Pipeline To Export WEEM Oil Production To Red Sea

Lukoil announced on 13 October it had commissioned an $8mn oil pipeline that will carry production from the West Esh El-Mallaha (WEEM) concession near Hurghada to the Ras al-Bihar and Gebel al-Zait terminals on the Red Sea. The field, which has been in production for six years, has been operated for the last three by Lukoil, which bought Naftex Energys interest in...