Middle East Economic Survey

VOL. LI

No 34

25-Aug-2008

EGYPT

EGAS Finalizes Preparations For Mediterranean Bid Round

Egypt is set to launch a new exploration bid round consisting of seven blocks in the Mediterranean, according to a report by the daily Al-Ahram. The head of the state-owned Egyptian Natural Gas Holding Company (EGAS), Mahmud Latif, said that the preparations for the bid round were being finalized. The same report, published on 12 August, mentions that Egypt signed 17 oil and gas...