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General Petroleum Corporation

In an ad placed by Egypt’s Oil Ministry in state-run newspapers, Egypt’s state-owned General Petroleum Corporation and Natural Gas Holding Companyannounced an international auction for 22 concessions for oil and gas exploration in accordance with production sharing agreements. The concessions are for areas in the Suez Canal, Egypt’s western desert, the Mediterranean Sea, and the Nile Delta. The auctions will end 19 May.


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