JNOC/Sumitomo To Withdraw From Syrias Tishrin Block
The Japan National Oil Corporation (JNOC) announced in Tokyo on 8 June that Summit Syria Development Co. Ltd (30%), which was set up in February 1997 and is owned 50.2% by Sumitomo Petroleum Development Co Ltd and 49.8% by JNOC, is to withdraw from the joint venture covering the Tishrin block in central eastern Syria when the first exploration period expires on 13 September. The exploration license was...
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