Reuters: Egypt Extends Mediterranean Gas Exploration Tender by Two Months

Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said on Tuesday, as the country seeks to boost domestic energy production.

The bidding period now runs to July 30 and will include 12 offshore concessions instead of eight, the Egyptian Natural Gas Holding Company (EGAS) said in an advertisement published in state-run Al Ahram newspaper.

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