Korea's Hanbo Strikes Gas In Jordan's Risha Region
Hanbo Energy Co. Ltd. of South Korea has struck gas in the northeastern Rishaarea of Jordan and early reports suggest that the find could produce more than20mn cu. ft/day, matching Jordan's current gas output.
Jordan and Hanbo signed a production-sharing agreement in July 1992 (MEES 20July 1992) covering two blocks in eastern Jordan with a total area of 20,000sq. kms. The terms of the agreement stipulate that...