VOL. XLII
No. 14
5-April-1999
FSU
PSA For Azerbaijan痴 Alov-Araz-Sharg Concession BecomesEffective
The production sharing agreement (PSA) for Azerbaijan痴offshore Alov-Araz-Sharg concession, also referred to as the Abikh concession,came into effect on 23 March. Exxon took the last 15% of the equity in Februaryand Canada痴 Alberta Energy Co. was awarded 5% of the shares in January (MEES,1 February and 1 March). The contract was ratified by the Azerbaijaniparliament on 18 December 1998. The deal calls...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!