VOL. XXXVIII

NO. 50

11-SEPTEMBER-1995

Egypt

Tariq Heggy On Egypt's Oil And Gas Prospects

Writing in the Cairo daily al-Ahram on 26 August, Mr. Tariq Heggy, Chairmanof Shell Egypt, evaluates Egypt's oil and gas prospects. He states that Egypt'scurrent oil reserves of 3-4bn barrels are enough to meet the country's needs forthe next 10-15 years. With determined and sustained efforts these reserves couldoptimistically be raised to 6-8bn barrels, or enough for the next 25-30 years,but there is no...