Middle East Economic Survey

VOL. LIII

No 9

01-March-2010

EGYPT

Egypt Extends Apaches Western Desert Concessions

Egypts Ministry of Petroleum has granted final approval to extend concession agreements with the US firm Apache Corporation for the Khalda Offset and East Bahariya concessions in the Western Desert, it was announced on 18 February. The agreement will allow the company, which operates 22 concessions in Egypt in joint ventures with Egyptian General Petroleum Corporation...