Middle East Economic Survey


No 28



Italian-Iranian Consortium To Build South Pars 12 Gas Processing Plant

The Petropars subsidiary of the National Iranian Oil Company (NIOC) has awarded a contract worth a total $1.3bn to a consortium of Italian and Iranian companies for the construction at Tombak of a gas processing plant to handle gas from the South Pars field Phase 12 development. Iranian media reports on 7 July said the plant would have the capacity to process 3bn cfd of...