VOL. XLV

No 15

15-April-2002

EGYPT

National Oil CompaniesConsidering Midor Investment

MEES understands that Libyas National Oil Corporation (NOC) andseveral other Arab national oil companies are assessing the possibility of acquiringa stake in Egypts 100,000 b/d Midor refinery, whichis fully compliant with 2005 Euro product specifications. The formerEgyptian-Israeli joint venture has seen major changes in its shareholding structuresince it was established in the mid-1990s, with Israels sole...