South Yemen Invites Bids for Balhaf Concession
South Yemen has invited international oil companies to submit bids for theBalhaf block in the south, following its relinquishment by the IndependentPetroleum Group (IPG) of Kuwait and Procan of Canada. The South Yemeniauthorities have decided to enlarge the original block, which had an area of18,500 sq. kms., by another 1,000 sq. kms. by extending it to the north andnorthwest of the country.