VOL. XLIII

No. 18

1-May-2000

YEMEN

Yemens Share In PSAs Varies From 5% To 25%

Yemens share in production-sharing agreements (PSAs) with international oil companies (IOCs) held by the Yemen General Corporation for Oil & Gas (YGCOG) ), although at a later date the states interests will be held by subsidiaries of YGCOG varies from 5% to 25% (see Table).

Company

Block Number

Block Name

Yemeni State Co % Share

Agip

2

al-Mabar

12.5

Agip

3

Jardan

Nimir Petroleum

4

West Iyad

Jannah Hunt*

5

Jannah

20

Calvalley

9

Malik

...