Middle East Economic Survey


No 39



Gaz de France Awarded Offshore West El-Burullus Block

Gaz de France has signed a production-sharing agreement (PSA) with Egypts Ministry of Petroleum and the Egyptian Natural Gas Holding Company (EGAS) for the 1,364 sq km West El-Burullus block which is located offshore in the Mediterranean Sea north of Alexandria. Gaz de France was awarded the block as part of the May 2004 bidding round. This is the first time that Gaz de France...