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Gulfsands To Maintain Presence In Syria
Published on Monday, 16 Apr 07:00 am
Gulfsands Petroleum announced on 3 April in its 2011 audited results that it will maintain a presence in Syria in full compliance with the EU sanctions, despite its declaration on 11 December 2011 of force majeure under its production sharing contract (PSC), after the progressive tightening of EU sanctions against Syria (MEES, 19 December 2011).
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