VOL. XL
No. 30
28-July-1997
SYRIA
Prospect Of Tougher US Sanctions Could Divert Syria From Awarding Gas Contract ToConoco
MEES understands from industry sources that although a letter of intent has beensent to the US firm Conoco regarding the $350mn project to develop the associated gasreserves of the Dair al-Zur fields, it is very possible that Syria may award the contractto a competing non-US firm in view of the momentum of prevailing Congress-driven pressurein Washington to tighten US...
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