VOL.XXXVI

NO.49

6-SEPTEMBER-1993

EGYPT

AshrafiField Platform To Be Rebuilt

Theplatform of Agiba Petroleum Company's offshore Ashrafi

field in the Gulf of Suez,whichwas rammed and sunk bya Cypriot-flaggedship lastJuly (MEES,12 July),is to be

rebuilt within a period of one year,according to Egyptian OilMinisterHamdial-Banbi.Hesaidthat the cost of

rebuildingtheplatformwillcometoaboutE130mn ($39.3mn),whichwillbeborne by the insurance company

concerned.He said that theoutput from theplatformwas...