Middle East Economic Survey
VOL. LIII
No 17
26-April-2010
JORDAN
Jordanian Government Cancels Trans-Global PSA
The Jordanian government has cancelled a production sharing agreement (PSA) with Trans-Global Petroleum Jordan, a subsidiary of Trans-Global Petroleum of the US, for oil exploration in the Dead Sea/Wadi Araba region. Jordans Natural Resources Authority (NRA) Director General Mahir Hijazin said the decision was taken by the cabinet after the company failed to fulfill its contractual...
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