VOL. XXXVII

NO. 23

7-MARCH-1994

Egypt

Parliament To Discuss Approval Of Five Oil Agreements

Egyptian Oil Minister Hamdi al-Banbi has stated that the People's Assembly(parliament) will shortly discuss the approval of five oil agreements inpreparation for their final signature with the companies concerned. Theseinclude a new agreement with Mobil and Canada's Asamera for the South Belayimblock in the Gulf of Suez. The other four are amendment agreements. One is withthe Agip subsidiary IEOC for the...