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MENAFN - Jordan Times - 23/07/2012

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(MENAFN - Jordan Times) The Natural Resources Authority (NRA) on Sunday signed a memorandum of understanding with Thyssen Petroleum Ltd. to explore for oil and gas in a 7,000-square-kilometre area in the northern region.

NRA Director General Mousa Zyoud, who signed the memo with Thyssen Petroleum CEO Hamid Jourabchi, said despite the technical difficulties in the chosen area, initial studies performed by the company's staff showed positive indicators of the availability of oil and gas.

He added that the NRA gives priority to any oil and gas exploration projects in order to reach solutions to Jordan's energy crisis.

 






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