Field Trip
International News P.10
Visiting Suez Oil Company
Argentina to Nationalize Repsol YPF
Zeit Bay and Ras Budran Concessions
Technology P.21
SandAid™ Sand Conglomeration: Higher sand-free flow rates, Reduced water production.
P.16
Bullion Market Price 1676.17
GOLD
Percentage -3.93%
Crude Oil USD/BBL
WTI BRENT
Price 32.94
Price 106.23 124.44
HIGHLIGHT
SILVER
Percentage -3.77%
EGPC Receives 25 Bids for 15 Concession Areas
Percentage +3.71% +4.58%
May 2012
Issue 65
24 Pages
www.egyptoil-gas.com
Smoke and Mirrors The Cloaked Reality of Halting Gas Exports to Israel Egypt’s sudden decision to cease exportation of natural gas to Israel owing to an alleged financial dispute is almost certainly politically motivated. While it may seem to be a simple populist push on the surface, the move and the intricacy with which it was executed betray more intricate political considerations. Evidence points to an expertly calculated political maneuver carried out under the cover of a controversial and ripple-inducing shock headline. P.14
Egypt News
In Focus
Citadel Capital Amends NPC’s Sale Agreement
Coping with the Zeitgeist
Leading Egyptian private equity firm Citadel Capital revised the terms for the sale of the National Petroleum Company (NPC,), which is owned by Golden Crescent Investments Ltd., an Opportunity-Specific Fund with investments in the Egyptian upstream petroleum industry. P.07
Seeking Solutions for Tomorrow’s Inevitable Complications
Over the past decade, the development of Egypt’s hydrocarbon resources has seen a significant quantitative rise. Investors lay their aggressive exploration and development strategies, and through intensified campaigns, they strive to achieve their desired targets. P.20