NO. 24


North/South Yemen

YCIOMR Signs Production Sharing Agreement for Joint Yemen Acreage

The Oil Ministers of North and South Yemen, Mr. Ahmad 'Ali al-Muhaini and Mr.Salih Abu Bakr ibn Yemen Hussainoun respectively, on 14 March signed on behalfof the Yemen Company for Investment in Oil and Mineral Resources (YCIOMR) theproduction-sharing agreement with the consortium composed of Hunt Oil andExxon, CFP-Total, the Kuwait Foreign Petroleum Exploration Company (KUFPEC), and...