Middle East Economic Survey

VOL. XLVIII

No 43

24-October-2005

JORDAN

Sonoran Energy Says Azraq Block Has Reserves Of Up To 30Mn Barrels

Sonoran Energy announced on 17 October that Jordans Azraq block contained up to 30mn barrels of oil reserves, based on a comprehensive technical study of it. Last month the cabinet ratified the production-sharing contract (PSC) with Sonoran which will be presented to parliament in its next session before receiving the kings signature (MEES, 26 September). Under the...