Middle East Economic Survey

VOL. LIII

No 26

28-Jun-2010

JORDAN

Shell Makes Bonus Payment Of $5Mn To Jordan

Royal Dutch Shell has transferred a bonus payment of $5mn to the Jordanian government as per its concession agreement for shale oil exploration in an area covering some 22,000 sq km in the north, east and south of the kingdom, the director of Jordans Natural Resources Authority (NRA) Mahir Hijazin said last week. The agreement was signed on 17 May 2009 and officially came into effect on 16...