VOL. XLIV

No. 23

4-June-2001

EGYPT

Mid East Conflict Overshadows Inauguration Of Midor Refinery

The new Midor refinery has been thrown once more into controversy. The 100,000 b/d refinery, located outside Alexandria with joint Israeli-Egyptian capital, has seen its original purpose and ownership change several times already, even before it has started commercial operations.

Egyptian officials announced last week that the government was soliciting buyers to purchase Israels Merhav share in the...