Egyptian bid round delays


Issue 243 - 15 Nov 2012 | 1 minute read

In theory, the Ministry of Petroleum aims to have three bid rounds per year: one each for Egyptian General Petroleum Corporation (EGPC), Egyptian Natural Gas Holding Company (Egas) and Ganoub El Wadi Petroleum Holding Company (Ganope). The bidding deadline for the round announced by EGPC last October was postponed from January until March, establishing a pattern of slipping schedules.

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