IRAN-TURKEY

Protocol Signed on Turkish Oil and Gas Pipelines 

Turkey and Iran have now signed a protocol providing for feasibility studies on the proposed oil and gas pipelines between the two countries (MEES, 28 January). Under the protocol, signed in Ankara on 15 May, a joint committee is to be set up within two months to prepare the studies and draw up conditions for tenders. Earlier this year the Iranian Minister of Heavy Industry, Mr. Behzad Nabavi, estimated the cost of the two...