JNOC to Explore for Oil in Jordan
The Jordanian Natural Resources Authority (NRA) on 20 November signed anexploration agreement with the Japanese state-owned Japan National OilCorporation (JNOC), covering an area of 7,650 9q. kms. in the Sirhan regionabout 85 kms. northeast of 'Amman. Under the terms of the agreement JNOC willcarry out exploration for oil, natural gas, oil shale and oil sands over aperiod of two years, spending a total of $6mn. In the event...