VOL. XXXIII
NO. 25
26-MARCH-1990
Iran
French Firm to Rebuild Kharg Terminal
The National Iranian Oil Company (NIOC) has sent a letter of intent toFrance's Entrepose GTM pour les Travaux Petroliers Maritimes (ETPM), asubsidiary of the construction company GTM-Entrepose, for the rebuilding ofthe war-damaged Kharg Island oil terminal, according to a statement issued byETPM on 22 March. The final contract, estimated at around $225mn, is expected tobe signed in the next few weeks. ETPM, one of the...
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