VOL. XXXVIII

NO. 20

13-FEBRUARY-1995

Egypt

Ban On Gas Exports Is Not In Egypt's Interest, Says Banbi

In an interview published in a recent issue of the Cairo Arabic monthlymagazine October, Egyptian Oil Minister Hamdi al-Banbi said that any ban on theexport of gas would not serve Egypt's interests. Elaborating, he said that thelocal Egyptian market is rather limited and the imposition of such an export banwould discourage foreign companies from coming to Egypt and exploring for gas.This, Dr. Banbi...