Middle East Economic Survey


No 49



Syria To Launch New Offshore Bidding Round In Early 2011

Syrian Minister of Petroleum and Mineral Resources Sufian 'Alaw said his country will launch an offshore bidding round in early 2011. Mr 'Alaw made the announcement during a meeting of OAPEC in Damascus on 22 November. Syrias first opened its offshore territory to tender in May 2007, but received only one bid for the four blocks on offer (MEES, 2 December 2008, 14 May 2007)....