VOL. XXXVI
NO. 42
19-JULY-1993
EGYPT
Egypt To Extend Application Of New Gas Pricing Formula
MEES understands that Egypt is planning to extend the application of thenew gas pricing formula agreed with Shell for its new gas discoveries in the Obayed and Matruh permits in the Western Desert (MEES, 22 February and 12April) to all new gas discoveries by other companies operating in Egypt. This isthe price at which the Egyptian General Petroleum Corporation (EGPC) purchasesthe gas from the operating...
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