Middle East Economic Survey
CNPC Signs Three PSAs Covering Onshore Mauritania Blocks
The Mauritanian Government on 28 July announced that it had signed three production-sharing agreements (PSAs) with China National Petroleum Corporation (CNPC), covering Block 12 in the coastal basin region, and two areas in Block 13, in the far north of the country. The initial exploration period of three years may be extended twice by the same period. If commercial...