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Egyptian Natural Gas Holding Company (EGAS)is preparing to launch a new 10-block licensing round in late 2004 after signing provisional agreements for four offshore blocks in the Mediterranean, for which bids were submitted in mid-April. Exploration agreements for the four concessions have been submitted to the People’s Assembly for approval. Two other concessions, West El-Tabya and Northwest Sapphire, will be retendered in the upcoming round (MEED 23:7:04).