Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

SYRIA

Tatneft To Drill Three Wells In Syria’s Albu-Kamal Block 27

Russia’s Tatneft says it plans to drill three exploration wells in Block 27 in the Albu-Kamal area in Syria’s Deir Ez-Zor area, under the production-sharing agreement (PSA) signed with the Syrian Petroleum Company (SPC) in March 2005. The agreement, which covers the 1,900 sq km Block 27, has a term of 25 years from start of production and...