VOL. XLI

No. 03

19-January-1998

EGYPT

Banbi Inaugurates Khalda's Kanz Field

Egyptian Oil Minister Hamdi al-Banbi on 10 January officially inaugurated the start ofproduction from Khalda Petroleum Company's Kanz field in the Khalda concession in Egypt'sWestern Desert. Khalda Petroleum is the joint-venture company held 50% by the EgyptianGeneral Petroleum Corporation (EGPC), 25% by Repsol (operator), 20% by Apache and 5% bySamsung. The field has a current output capacity of 3,000 b/d from three...