NO. 33


South Yemen

Petro-Canada's Concession Award Awaits Legislative Approval

The productionsharing agreement concluded with Petro-Canada towards the end of March andcovering the 11,000-sq. km. Habrout Block in the northeastern part of thecountry (MEES, 26 March), has already received government approval but it isstill awaiting final ratification by South Yemen's legislative authorities. Theagreement is for a period of 20 years and stipulates an exploration commitmentof...