VOL. XXXIII

NO. 38

25-JUNE-1990

Iran

Contracts Signed to Rebuild Kharg Island

The National Iranian Oil Company (NIOC) on 11 June signed contracts withthree foreign firms to rebuild the war-damaged Kharg Island oil terminal.France's Entrepose GTM pour les Travaux Petroliers Maritimes (ETPM) and Italy'sMicoperi were awarded a $225mn contract for the reconstruction of the berthsand the surface facilities during a 27-month period. The Iranian company Sadrawill also participate in the reconstruction....