Middle East Economic Survey
VOL. LIII
No 21
24-May-2010
SYRIA
CNPC Acquires 35% Interest In Shell’s Syria Subsidiary
State-owned China National Petroleum Corporation (CNPC) announced on 19 May that it had concluded an agreement with Shell to acquire a 35% interest in the latter’s 100% owned upstream subsidiary Syria Shell Petroleum Development (SSPD). The latter has interests in three production licenses in Syria – Deir Ez-Zor, Annex 4 and Ash-Sham –...
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