VOL. XLV

No 39

30-September-2002

SYRIA

SPC/Zarubezhneft Joint Venture SetTo Bid In Licensing Round

A joint venturebetween Russia痴Zarubezhneft and the Syrian Petroleum Company (SPC)announced on 14 September will focus on projects in Russiaand Syria,and in other countries in the Middle East,according to an Interfaxreport. A letter of intent was signedin Moscowby Zarubezhneft Director-General Nikolay Tokarev and SPC headAhmad Mu'allah, who said that the new venture wouldlikely bid in the 2002...