Terms Of Amoco's East Tanka Concession Agreement
The oil and gas exploration and production sharing agreement concluded earlier this year by Egypt with Amoco for the 760-sq. km. East Tanka marine tract in the Gulf of Suez has now been gazetted. The agreement was approved by Law No. 18 of 18 April 1995, which was published in Egypt's Official Gazette on 26 October. The effective date of the agreement is 21 May, the day on which it was formally...