Egypt to award gas sites to foreign companies in August
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Egypt to award gas sites to foreign companies in August
Concessions attracted multiple bids Latest round involves 12 areas 26,000sq km on and offshore Egypt intends to award new gas contracts to foreign companies in August as part of the latest concession bidding round that had attracted scores of bidders. The concessions cover more than 26,000 square kilometres in north and northeast Egypt as well as in offshore areas in the East Mediterranean, which provides most of the country’s existing gas produ…
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