VOL. XL

No. 14

7-April-1997

SYRIA

Terms Of MOL's Palmyra-East Concession Agreement

The terms of the oil and gas exploration and production sharingconcession agreement concluded last December with the Hungarian oil and gas company MOLfor the 4,899-sq. km. Palmyra-East block in central Syria (see map overleaf) has now beengazetted. The agreement, which was signed in Damascus on 21 December 1996, was approved byLegislative Decree No. 2 dated 1 February 1997 and published in Syria's Official...