VOL. XLIII
No. 43
23-OCTOBER-2000
EGYPT
Shell Proposes New Gas Ventures As EGPC Revises Gas Price Formula
The steady increase in Egyptian gas reserves to around 120 trillion cubic feet (proven reserves of over 45 TCF and probable reserves of around 70 TCF) from proven reserves of only 12 TCF in the late eighties has opened the door both for the extensive use of gas domestically and for a variety of gas export schemes (MEES, 16 October). The latest proposal, announced on 6 October, involves the...
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