VOL. XLVI

No 28

14-July-2003

SYRIA

Shell Agreement Set To Increase Oil Production By 20,000-25,000 B/D

Shells 1 July agreement with Syrian Petroleum Company (SPC) to carry out new exploration and development work in its three concession areas held through the joint venture Al Furat Petroleum Company (AFPC) in Al-Sham Block (Appendix IV) is likely to add 60mn barrels of reserves and an additional 20,000-25,000 b/d of oil production, according to a press release issued by the Ministry of Petroleum...