VOL. XL

No. 50

15-December-1997

EGYPT

Banbi Announces Five New Oil And Gas Discoveries

Egyptian Oil Minister Hamdi al-Banbi has advised the cabinet of five new offshore oiland gas discoveries made during October and November, according to the Cairo daily al-Ahramof 10 December. With the latest five discoveries, Dr. Banbi said that the total number offinds made since the start of this year has risen to 35 - 15 oil and 20 gas. Details ofthe five new discoveries are as follows:

  • Petrobel...