Middle East Economic Survey

VOL. LI

No 17

28-April-2008

Shahristani Warns Majors Not To Miss TSA Boat

Majors negotiating for Technical Support Agreements (TSAs) in Iraq should sign by June or risk losing the opportunity to be in the first tranche of foreign investors in Iraqs prized upstream sector, Iraqi Oil Minister Husain al-Shahristani warned on 22 April.

The two-year TSAs were meant to be a stop-gap arrangement, aimed at raising output by 100,000 b/d from five major fields, before a fully...