VOL. XXXVIII

NO. 32

8-MAY-1995

Egypt

Terms Of IEOC/BG's West Abu Al-Gharadiq Concession Agreement

The oil and gas exploration and production-sharing agreement concluded lastyear by Egypt with a consortium comprising the ENI/Agip subsidiary InternationalEgyptian Oil Company (IEOC) and British Gas (BG) for the 19,186.7-sq. km. WestAbu al-Gharadiq tract in Egypt's Western Desert (see map below) has now beengazetted. The agreement was approved by the Egyptian People's Assembly(parliament) on 24...