Middle East Economic Survey

VOL. XLIX

No 50

11-Dec-2006

EGYPT

Indias GSPC Wins Two Exploration Blocks

Indias Gujarat State Petroleum Corporation (GSPC) on 3 December announced that it had been awarded two concessions in Egypt both were listed in the bidding rounds launched in February (MEES, 27 February). GSPC was awarded the 4,180 sq km offshore North Hapʹy Block in the East Mediterranean by the Egyptian Natural Gas Holding Company (EGAS), and the 37,678 sq km South Diyar Block in the Western...