VOL. XXXII

NO. 42

24-JULY-1989

IRAN

Iran and Soviet Union to Drill in Caspian

Iran and the Soviet Union will begin joint drilling for oil in the CaspianSea on 1 August, according to a report by the Soviet news agency Tass. Thereport states that the drilling site, some 17 miles off the Iranian port ofBandar Anzali, was identified by Soviet geophysicists. Last month the twocountries signed wide-ranging industrial and economic agreements which provideamong other things for "geological, geophysical,...