Middle East Economic Survey

VOL. LII

No 43

26-Oct-2009

IRAN

POGC Warns TPAO Over South Pars 22-24 Contract Delays

Pars Oil and Gas Company (POGC) Managing Director Ali Vakili has given Turkeys TPAO one month to conclude an agreement for participation in the development of Irans South Pars gas field Phases 22-24. Mr Vakili told reporters on 18 October that if TPAO refrains from signing the contract during this period, talks will begin with domestic and foreign companies. POGC and TPAO signed a...