VOL. XXXII

NO. 50

18-SEPTEMBER-1989

IRAN-TURKEY

Preliminary Agreement to Build Joint Power Station in Iran

A memorandum of understanding was signed in Istanbul last week by Iran andTurkey for the construction of a 1,000 megawatt gas-fueled electric powerstation in northwestern Iran, according to Iranian Energy Minister Bijan NamdarZanganeh. The two countries are expected to share the cost of construction andto utilize the power generated evenly in their respective countries. The gaswill be...