VOL. XLIII

No. 10

6-March-2000

EGYPT

EGPC Signs Contracts To Export 44,000 B/D Of Crude Oil In 2000, Cancels Spot Tenders

The Egyptian General Petroleum Corporation (EGPC) has signed contracts with seven international oil companies for the export of 44,060 b/d of crude during 2000, MEES learns. Moreover, EGPC has the option to export an additional 15,000 b/d (see table below). EGPC has also informed MEES that 11 tenders for spot sales totaling some 75,000-80,000 tons of crude oil scheduled for...