Middle East Economic Survey

VOL. LIV

No 14

1-Apr-2011

syria

Syria Launches Bid Round For Three Offshore Blocks

The Syrian Ministry of Petroleum and Mineral Resources and the General Petroleum Corporation (GPC) announced on 24 March the opening of a new bid round for three offshore blocks with a total area of 9,038 sq km in the territorial waters and the exclusive economic zone of Syria. International oil companies (IOCs) are invited to develop these offshore blocks on the basis of...