VOL. XL

No. 43

27-October-1997

EGYPT

Amoco's Egyptian Output To Year 2001 Declining For Oil But Rising Substantially ForGas

Amoco's net share of Egyptian crude oil production is expected to decline graduallyover the six-year period 1996-2001 from 111,000 b/d to 88,563 b/d, but its share of gasoutput is expected to rise substantially over the same period from 20mn cubic feet daily(cfd) to 135mn cfd, according to a recent report by Goldman Sachs. The report gives thefollowing estimates of the...