VOL. XXXIX

No. 19

5-February-1996

EGYPT

Terms OfAmendment To Khalda Concession Agreement

The terms of the amendment to the Khalda concession agreement, concluded last year by Egypt with the Repsol group(MEES, 29 May 1995), has now been gazetted. The group comprises Repsol (operator, 50%), Phoenix (40%) and Samsung(10%).

The amendment agreement was approved by Law No. 15of 18 April 1995, which was published in Egypt's OfficialGazette on 14 December 1995. The effective date oftheamendment agreement...