VOL. XXXIII

NO. 25

26-MARCH-1990

Iran

Iran Too Wants Foreign Companies to Develop Oil and Gas Reserves

Iraq is not the only big Gulf producer which is inviting internationalcompanies to develop oilfields on a contract basis in return for payment fromfuture production.

Now Iran too is holding talks with international companies with a view tocontracting them to carry out oil and gas development projects in Iran. This wasconfirmed by the Iranian Oil Minister in an interview with MEES (for full text,...