Middle East Economic Survey
VOL. LIV
No 41
10-Oct-2011
IRAN
NIOC Plans Expansion Of Caspian Swaps
National Iranian Oil Company (NIOC) Managing Director Ahmad Qalebani told Shana on 1 October that the company was planning to increase the volume of oil swaps with its Caspian Sea neighbors, which currently stand at 25,000 b/d. He called on Iranian private companies to take the lead in the completion of these transactions, which until Iran decided to halt swaps temporarily in October 2010 were...
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