[dehai-news] (Energy Current -Houston, TX) Defba to explore two Red Sea blocks off Eritrea


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From: Eri-News (er_news@dehai.org)
Date: Thu Oct 09 2008 - 10:32:32 EDT


Defba to explore two Red Sea blocks off Eritrea

Filed from Houston 10/8/2008 1:37:32 PM GMT

Eritrea

ASMARA, ERITREA: The government of Eritrea signed two agreements with
Defba Oil Share Co. for oil exploration and development in two blocks
of the Eritrean northern territorial waters in the Red Sea. The
agreements were signed in the nation's capital of Asmara by Eritrea's
Minister of Energy and Mines Tesfai Gebreslasie and Shi Jicheng,
general manager of Defba.

Defba Oil Share Co. was set up through the partnership of the
Eritrean government and Energy Alliance Co. W.L.L.

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