Middle East Economic Survey

VOL. LIV

No 13

28-Mar-2011

Jordan

KIO Has Four Years To Decide On Oil Shale Concession With Jordan

Karak International Oil (KIO), which signed an oil shale concession agreement with Jordan on 9 March, will decide in four years whether to continue the project and build a commercial processing plant, according to an update on 21 March by the international law firm Trowers and Hamlins, which advised Jordans Natural Resources Authority (NRA) on the KIO concession...