No 8



Petro-CanadaExpects 2002 Middle East Production Of 86,000 BOE/D Through Veba Deal

Petro-Canadaexpects to produce 86,000 barrels of oil equivalent per day in 2002 from itsMiddle East portfolio in Libya, Syria and Egypt after the purchase of Vebasoil and gas production subsidiary as part of the BP purchase of a majoritystake in Veba announced on 30 January. The production will be made up of 82,000b/d of oil and 22mn cf/d of gas, with most of the...