VOL. XLIV

No. 06

5-February-2001

EGYPT

New NGL Plant To Be Constructed OnEgypt痴 Mediterranean Coast

The Egyptian General PetroleumCorporation (EGPC), the Egyptian Natural Gas Company (GASCO), IEOC (Eni痴subsidiary in Egypt) and BP announced on 28 January the signature of anagreement to construct a natural gas liquids (NGL) plant on the Mediterranean coastwith a capacity to process 1.1bn cfd of gas produced from the BP/IEOC offshorefields. The agreement follows the signing of a letter of intent...