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Centrica secures exploration licence block in Egypt

Centrica plc has secured a 30 per cent interest in an Egyptian licence block, as part of its strategy to secure future supplies for its British Gas customers from a range of international sources.

Centrica will join Sipetrol and PTTEP as a partner in the Rommana block, which was awarded in the EGAS 2006 International licence round. Sipetrol, which has existing production operations in the Western Desert area of Egypt, will be operator. The Rommana exploration block is located in North Sinai, with an area of approximately 6200 km˛.



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