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Egypt's Egas tempts bidders with seven Mediterranean blocks.

Publication: The Oil Daily
Publication Date: 01-OCT-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Egypt's Egas tempts bidders with seven Mediterranean blocks.(Egyptian Natural Gas Holding Co.)

Article Excerpt
State-owned Egyptian Natural Gas Holding Co. (Egas) has launched its first bid round in over two years, offering seven blocks in the Mediterranean Sea (OD Aug.13,p7). The blocks are being tendered with the country's new ceiling prices for gas in mind, aimed at encouraging international firms to take up deepwater exploration. Bids are due Feb. 9.

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