VOL. XL

No. 7

17-February-1997

EGYPT

Amoco's Egyptian Output To Year 2000 Declining For Oil Gradually But Rising For Gas

Amoco's net share of Egyptian crude oil production is expected to decline gradually over the five-year period 1996-2000 from 110,000 b/d to 89,596 b/d, but its gas output is expected to rise substantially over the same period from 25mn cubic feet daily (cfd) to 135mn cfd, according to a recent report by Goldman Sachs. The report gives the following estimates of the company's...