Middle East Economic Survey

VOL. LIV

No 47

21-Nov-2011

EGYPT

EGAS Plans New Licensing Round In 2012, To Include NEMED Block

The Egyptian Natural Gas Holding Company (EGAS) will hold a new bidding round early in 2012, Egyptian Minister of Petroleum 'Abd Allah Ghurab said in Qatar last week prior to a gathering of the Gas Exporting Countries Forum (GECF). Mr Ghurab said the North East Mediterranean Deepwater (NEMED) concession, which was relinquished by Shell earlier this year, would be...