Terms OfMarathon's Al-Manzala Concession Agreement
The oil and gas exploration and production-sharing agreement concluded last yearby Egypt with Marathon for the3,400-sq. km. al-Manzala block in the northeastern part of the Nile Delta (see map overleaf) has now been gazetted.The agreement was approved by Law No.19 of 18 April 1995, which was published inEgypt's OfficialGazette on 25January 1996. The effective date of the agreement is 3May 1995,the day on...