No. 24



BP Amoco And EGPC Sign Letter Of Intent For LNG And NGL Projects

The Egyptian General Petroleum Corporation (EGPC) announced on 7 June that it and BP Amoco had signed a letter of intent for the development of a liquefied natural gas (LNG) and a natural gas liquids (NGL) project. Both plants would be situated on the Mediterranean coast in the Gulf of Suez area. An EGPC statement said that a two-train LNG plant would be built to process and ship gas to markets...