VOL. XLII

No. 26

28-June-1999

EGYPT

Egypt Registers Nine Oil And Gas Discoveries In First FourMonths Of 1999

Egypt has registered nine oil and gas discoveries (fivecrude oil and four natural gas) in the Gulf of Suez, the Mediterranean and theWestern Desert in the first four months of 1999, according to a recent issue ofal-Bitrul, a monthly magazine published by the state-owned EgyptianGeneral Petroleum Corporation (EGPC). The discoveries are:

ｷEast Barracuda-1 in the Port Fuad concession located...