Middle East Economic Survey
VOL. XLVIII
No 15
11-April-2005
MAURITANIA
Mauritania Creates Oil And Energy Ministry
Mauritania on 29 March created a Ministry of Oil and Energy that will be headed by Zeidane Ould Hmeida. The new ministry will oversee exploration and licensing in view of recent offshore oil and gas discoveries. Mauritania is estimated to have 1bn barrels of oil in place with initial recoverable reserves estimated at 290mn barrels.
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