Middle East Economic Survey
VOL. LIII
No 38
20-Sep-2010
SYRIA
Kulczyk Oil Sells 30% Interest In Syrias Block 9
Kulczyk Oil has announced that MENA Hydrocarbons (Syria) agreed to acquire a 30% interest in Block 9 in Syria, under an agreement reached with Loon Latakia, a wholly-owned subsidiary of Kulczyk. According to a company statement issued on 6 September, the agreement stipulates that MENAs acquisition of the stake in Block 9 will be against the repayment to Kulczyk of 30% of approximately...
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