VOL. XXXV

NO. 42

20-JULY-1992

Jordan

Jordan Signs Production Sharing Agreement with Hanbo Energy of Korea

Jordan has signeda production-sharing agreement with the Korean firm Hanbo Energy Co. Ltd.covering two blocks in eastern Jordan with a total area of about 20,000 sq. kms.The agreement was signed in 'Amman on 14 July by the Jordanian Minister ofEnergy, Mr. 'Ali Abu Ghazalah, and a Hanbo representative. In an announcement on14 July, Mr. Abu Ghazalah said that Hanbo will spend $17mn on...