VOL. XXXVIII
NO. 34
22-MAY-1995
Yemen
Yemen Plans To Amend Terms Of Production-Sharing Agreements
MEES learns that the Yemeni oil authorities are currently holding talks withforeign firms operating in the country among them Nimir, Clyde and British Gas with a view to amending the current production-sharing agreements to make themmore attractive to the companies. The majority of the present contracts weresigned in 1991, basically for the Shabwa blocks, and their tough terms weredrafted with giant...
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