Middle East Economic Survey
Oman And China Sign Preliminary Oil Cooperation Accord
Oman and China have signed a memorandum of understanding (MOU) covering cooperation in the oil sector. Signatories in Muscat on 12 June were Ahmad al-Wahaiba, Executive President of Oman Oil Company (OOC) and Chen Geng, President of China National Petroleum Corporation (CNPC) in the presence of Omans Oil Minister Muhammad al-Rumhy. Mr Wahaibi said the MOU, prepared by a joint...