VOL. XL

No. 20

19-May-1997

EGYPT

Citibank Appointed Financial Adviser For LNGProject

The Egyptian General Petroleum Corporation (EGPC) and Amoco Egypt Oil Companyhave appointed Citibank as the principal financial adviser for their projected $1.2bnliquefied natural gas (LNG) project in Egypt, according to an announcement by Amoco in Cairo on 11May. Last November EGPC, BOTAS of Turkey and Amoco Egypt signed a memorandum ofunderstanding (MOU) for the export of LNG from Egypt to Turkey (MEES, 18...