Terms Of Saam's West Nile Delta Concession Agreement
The second oil and gas exploration and production sharing agreement concludedby the Egyptian General Petroleum Corporation (EGPC) with a private Egyptiancompany has now been gazetted. The company is Saam Oil and Gas, owned bybusinessman Sami al-Ashram, and the area is the 5,600-sq. km. West Nile Deltatract (see map overleaf). The tract is delineated by straight lines joiningpoints 1 through 10, except...