Middle East Economic Survey

VOL. XLVIII

No 35

29-August-2005

MAURITANIA

Baraka Petroleum Says New Mauritanian Government Approves Farm-Out

Australias Baraka Petroleum on 19 August announced that the new government of Mauritania had approved the farm-out agreement recently signed by Baraka with CNPC International Mauritania (CNPCIM), a subsidiary of Chinas CNPC International (MEES, 4 July). CNPCIM holds 100% of Mauritanias coastal Block 20. Baraka added that the Mauritanian Ministry of Energy and...