Petroleum Africa
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Thursday, May 28, 2015
EGAS, Egypt’s state-run firm in charge of natural gas, has extended its licensing round by two months and added four more blocks. The bidding deadline is now July 30 and will include 12 blocks instead of the original eight.
EGAS published news of the extension and additional blocks with an advertisement in the state-run Al Ahram newspaper.
The four additional blocks are Northeast Habi Marine, North Farma Marine, North Tabiya Marine and Northeast Amiriya Marine, EGAS said. The original eight blocks are West Arish Marine, East Port Said Marine, North Rumana Marine, NorthRas al-Ash Marine, West al-Timsah Marine, South Taneen Marine, North Hammad Marine, and East Alexandria Marine.
EGAS’ oil counterpart, EGPC, will be hosting a licensing round later this year. According to reports the blocks are currently being finalized.
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