VOL. XLI

No. 37

14-September-1998

EGYPT

Egypt Needs Gas Export Strategy Or Risks Losing Investment

According to Mr. Michael Shelton, commercial manager for British Gas Egypt (BG), Egyptcould miss out on the chance to secure a position as a major North African gas supplier ifit does not develop a strategy to promote natural gas exports. Speaking at a gasconference on 7 September, Mr. Shelton said that the rapid development of Egypt's gasmarket in recent years could lead gas exploration to...