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P.M. BRIEFING : Egypt Reports Gulf of Suez Oil Find

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<i> From Times wire services </i>

A new Egyptian oil find has been made in the Gulf of Suez area with an estimated production average of 20,000 barrels a day, the Middle East News Agency said today.

The agency said the discovery was made by Egypt’s Gulf of Suez Petroleum Co. and quoted experts as saying the crude is of the best Gulf of Suez quality.

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