VOL. XL

No. 9

3-March-1997

EGYPT

EGPC/IEOC/Amoco Set Up Joint Company To Operate Four Offshore Gas Concessions

The Egyptian General Petroleum Corporation (EGPC), the Agip subsidiary International Egyptian Oil Company (IEOC) and Amoco have set up a joint company to operate four gas producing concessions in the Mediterranean off Egypt's Nile Delta. The company, to be known as Mediterranean Gas, will operate the Baltim, Ras al-Barr, Timsah and East Delta Deep Marine concessions, all of which are...