Middle East Economic Survey

VOL. L

No 10

5-Mar-2007

Jordan

Petrobras To Carry Out Oil Shale Feasibility Study In 'Atarat Area

The Jordanian Ministry of Energy and Mineral Resources and Brazils Petrobras on 23 February signed a memorandum of understanding (MOU) to prepare a feasibility study over the next two years for the exploitation of oil shale reserves in the 'Atarat area. According to Energy Minister Khalid Shuraidah, a concession agreement with Petrobras would be signed if the feasibility...