VOL. XLII
No 40
4-October-1999
EGYPT
EGPC Signs Two Gas Sales Agreements With BP Amoco
The Egyptian General Petroleum Corporation (EGPC) has signedtwo long-term gas sales agreements with BP Amoco for the Offshore Ras al-Barrand the Offshore North Sinai concessions, with all the gas to go to the localEgyptian market. BP Amoco is operator of and has a 50% stake in bothconcessions. In the Ras al-Barr concession BP Amoco is partnered by theInternational Egyptian Oil Company (IEOC a wholly-owned...
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