Middle East Economic Survey
VOL. LII
No 17
27-Apr-2009
Jordan
NRA And Aqaba Petroleum Sign MOU For Oil Shale Development
Jordans Natural Resources Authority (NRA) and Aqaba Petroleum Company (APCO) on 19 April signed a memorandum of understanding (MOU) to exploit oil shale reserves by open cast mining in the Wadi al-Na'dhiyyah area in South Jordan. Under the MOU, with a term of two years, APCO will carry out a comprehensive exploration program and prepare an economic and technical feasibility study...
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