No. 54 



EGPC Receives 21 Offers On 1996 Bid Round 

The Egyptian General Petroleum Corporation (EGPC) has received 21 bids on seven of the 11 blocks it put on offer in the 1996 bid round, according to Dr. Wafiq Mishrif, EGPC Deputy Chairman for Agreements. No bids were received for the other four blocks. Nine out of the 21 offers came from the Egyptian private sector and, according to Dr. Mishrif, "at least two of them are sure...