Middle East Economic Survey

VOL. XLVIII

No 23

6-June-2005

Palestine

Drilling In Gaza Marine Field To Start In September

The Palestinian Energy and Natural Resources Minister 'Azzam al-Shawwa has said that drilling for gas in the Gaza Marine field will start in September. BG Group, with a 90% interest, is operator of the Gaza Marine exploration license covering the entire area in the offshore Gaza Strip, with 10% held by the Athens-based Consolidated Contractors Company (CCC-10%). Drilling will...