Middle East Economic Survey

VOL. XLVIII

No 8

21-February-2005

IRAQ

Gulfsands Signs Misan Gas Project MOU

Houston-based Gulfsands Petroleum has signed a memorandum of understanding (MOU) with Iraqs Ministry of Oil to gather, process and transport associated gas from oilfields in the southern province of Misan. At present, the gas is being flared. MEES understands that the three producing fields in Misan are Buzurgan, Jabal Fauqi and Abu Gharab all located close to the border with Iran. Having...