Middle East Economic Survey

VOL. LIII

No 26

28-Jun-2010

SYRIA

Syria Plans To Relaunch Its Offshore Bid Round By End-2010

Syrias General Petroleum Corporation (GPC) is planning to re-tender four offshore exploration blocks in its territorial waters in the Mediterranean by the end of the year, according to the Syria Oil website. The four blocks covering a total area of 5,000 sq km were first offered in a licensing round in mid-2007, but the response was disappointing with only one bid received and...