VOL. XXXVI

NO. 41

12-JULY-1993

EGYPT

Ashrafi Field Platform Rammed By Cargo Ship

A platform of Agiba Petroleum Company's offshore Ashrafi field in the Gulf ofSuez was rammed on 6 July by a Cypriot-flagged ship which was reportedly on itsway from Rumania to the Philippines with a cargo of iron. According to the Cairodaily al-Ahram of 7 July, the platform has sunk and initial estimates have putthe losses at about $15mn. The ship has been detained by the Egyptianauthorities for investigation.

The...