Middle East Economic Survey
Canadas Stratic And Kufpec Sign PSC With Syria
Stratic Energy Corporation of Canada and Kuwait Foreign Petroleum Exploration Company (Kufpec) on 17 August signed a production-sharing contract (PSC) with the Syrian Petroleum Company (SPC) and the Syrian government for exploration and production rights on onshore Block 17. The PSC was initialed with Stratic earlier this year (MEES, 11 April 2005). The block covers an area of 5,076 sq...