VOL. XLII

No 51

20-December-1999

EGYPT

Development Plan Approved For Hana Oil Discovery

Vancouver-based Tanganyika Oil Company announced on 24November that the Egyptian General Petroleum Corporation (EGPC) has declaredthe Hana discovery on the onshore West Gharib Block on the Gulf of Suez to becommercially viable and has approved a development plan. Production operationswill commence immediately through temporary facilities. Crude oil productionfrom the Hana-1 and Hana-2 wells will average 4,000...