Japan AOC: production from Egypt Northwest October block likely delayed

Reuters, Wednesday 9 Nov 2011

Japan oil producer and refiner AOC Holdings said on Wednesday that plans to start commercial crude oil output from Egypt's offshore Northwest October block in the northern Gulf of Suez would likely be delayed from their May 2012 target.

AOC has a 50 per cent interest in the block and serves as the operator, while the Egyptian General Petroleum Corporation (EGPC) has the rest.

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