NO. 8



USSR to Buy 3bn Cubic Meters a Year of Iranian Gas

Iran and the Soviet Union on 19 November signed an economic cooperationagreement in Moscow, which provides for the purchase by the Soviet Union of 3bncubic meters of Iranian gas annually. The announcement by the Iranian newsagency IRNA gave no details of either the price of the gas or the timing ofdeliveries, but the agreement comes hard on the heels of the news that Saipem ofItaly has been awarded a contract...