Middle East Economic Survey
VOL. LII
No 50
14-Dec-2009
IRAN
KEPCO To Start Caspian Sea Drilling By End-March
Khazar Exploration and Production Company (KEPCO) plans to begin drilling in the deepwater area of the Iranian Caspian Sea before the end of the current Iranian year (21 March 2009 20 March 2010), according to KEPCO Director Mahmoud Zirakchianzadeh. He was quoted by the Ministry of Petroleums PIN website on 7 December as saying: There is a bright prospect of finding reserves of crude oil in...
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