Middle East Economic Survey
VOL. LII
No 22
1-Jun-2009
UAE
Gasco Concession Renewal Terms Viewed As Tough On International Partners
International partners Shell, Total and Partex will have a larger entitlement to feed gas and recovered liquids, but on less favorable commercial terms, under a new agreement negotiated for the Gasco joint venture with ADNOC, whose renewal until October 2028 was signed on 31 March (MEES, 4 May ).The renewal of the agreement for the worlds largest gas processing company...
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