VOL. XLI

No. 12

23-March-1998

EGYPT

Suez Canal Petroleum Traffic Down 9.5% In 1997

Despite continuing efforts by the Suez Canal Authority (SCA) to boost tanker trafficthrough the waterway, the volume of crude oil and petroleum products passing through thecanal in both directions fell by 9.5% to 31,719,000 tons (22,064,000 tons northbound and9,655,000 tons southbound) in 1997 from 35,051,000 tons (25,836,000 tons northbound and9,215,000 tons southbound) in 1996 (see table below). This is...