Middle East Economic Survey
South Sudan Block 5b PSA Presents Further Obstacle To Oil Sector Development
A production-sharing agreement (PSA) for Block 5b signed by the south Sudanese authorities in June threatens to pit Malaysias Petronas against Moldovas Ascom, and presents a further obstacle to the development of Sudans oil resources. According to a Dow Jones report of 11 October, Ascom plans to start drilling in the block early next year after collecting...
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