VOL. XXXI

NO. 22

7-MARCH-1988

IRAN

Turkish Oil Pipeline Runs into Financial Problems

Turkey and Iran have signed a protocol on the construction of the proposed1,860-km. 1mn b/d oil pipeline linking Iran's oil fields to the Mediterraneanduring a visit to Tehran by Turkish Prime Minister Turgut Ozal which began on 28February, but Turkish officials have indicated that the project will be delayedby financial problems.

According to reports from Tehran, Iran has proposed that each country shouldpay for...