VOL. XXXIX
No. 48
26-August-1996
YEMEN
Yemen Approves Amendments To Nimir's Production Sharing Agreement
The Yemeni Council of Ministers approved on 21 August the introduction of amendments to Nimir Petroleum's production sharing agreement covering Shabwa Block No. 4 (the Ayadh Block) in line with the government's policy of enhancing the commercial viability of small oil discoveries made by foreign concessionaires. The amendments, which still have to be ratified by the Yemen parliament,...
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