NO. 2

12 OCTOBER 1992


Egypt Extends Bidding Deadline on Halaib to June 1993

Egypt has extended the bidding deadline on the four blocks on offer in theRed Sea - including the Halaib area which is in dispute between Egypt and Sudan- by nine months from 30 September of this year to 30 June 1993. The four blocks- A, B, C and D (Halaib) - cover the entire Egyptian Red Sea area from theentrance of the Gulf of Suez to latitude 22 N. A number of internationalcompanies had earlier...