Middle East Economic Survey


No 40



NIOC Rejects CNPC Request To Take Over Masjed-e-Suleyman Field

The National Iranian Oil Company (NIOC) has rejected a request by Chinas CNPC to take over the operational management of the Middle Easts oldest producing oil field, Irans Masjed-e-Suleyman, Mehr News Agency reported on 25 September. CNPC has in recent years increased the fields output from 3,000 b/d to over 28,000 b/d and wanted to manage on behalf of NIOC a desalination...