Middle East Economic Survey

VOL. L

No 25

18-June-2007

EGYPT

PGNiG Wins Bid For Bahariya Exploration Concession In Egypt

The Polish oil and gas exploration and production company PGNiG announced on 11 June that its bid to explore Bahariya 3 Block in Egypt had been accepted by the Egyptian General Petroleum Company (EGPC). The Bahariya Block, 200km southwest of Cairo in the Western Desert area, covers an area of 4,414.4km sq. It was the first Egyptian bid round in which the company has participated...