Middle East Economic Survey

VOL. XLIX

No 7

13-February-2006

Mauritania

Mauritanian Government Seeks Annulment Of Offshore Contract Amendments

The government of Mauritania is engaged in talks with Australias Woodside Petroleum on the annulment of four amendments that were attached to existing production-sharing contracts (PSCs) early in 2005, prior to the bloodless overthrow of the previous leadership. Prime Minister Sidi Muhammad Ould Boubacar on 5 February said that after a month of negotiations...