VOL. XLII

No. 19

10-May-1999

EGYPT

Egypt Makes 39 Gas And Oil Discoveries in 1998

Companies operating in Egypt made 39 oil and gas discoveries in 1998, according to a recent issue of al-Bitrul, the monthly magazine published by the Egyptian General Petroleum Corporation (EGPC). Of the 39 discoveries, 24 were crude oil and 15 were natural gas and condensate. Most of the discoveries occurred in the Gulf of Suez, the Western Desert, and the offshore Mediterranean. Details of the...