No. 20



EGPC Announces Second E&P Bid Round For 1998

In announcing the second bid round for 1998, the Egyptian General Petroleum Corporation(EGPC) has invited offers for oil and gas exploration and development rights underproduction sharing arrangements in nine blocks - A through I - with a total area of 4,963sq. kms. The area of these blocks is a great deal smaller than that of the nine blocks puton offer in the first E&P bid round for 1998, which totaled...