VOL. XLI

No. 06

9-February-1998

EGYPT

Egypt's Fourth Five-Year Petroleum Plan Provides For An Expenditure of $7.33Bn

Egypt's fourth development plan for the oil and gas sector, which covers the five-year period July 1997 through June 2002, includes projects costing some E£25 billion ($7.33bn), most of which will be implemented with the participation of foreign oil companies operating in Egypt as well as Egyptian banks and private sector companies. This was stated by Oil...