VOL. XXXIX

No. 55

14-October-1996

IRAQ

Iraq Initials First Production-Sharing Agreement

Iraq and China have initialed a production-sharing agreement for the development of al-Ahdab oil field in the central part of the country, MEES learns. The agreement, signed two months ago by the Iraqi Oil Minister, Dr. 'Amir Rashid, and senior officials of the China National Petroleum Corporation (CNPC), will become effective when it receives final approval from President Saddam Husain. This is the...