IRAN
MEES Agenda
New US Sanctions Hit Iran, Upstream Sector Already Stressed
Iran has replaced some international oil companies (IOCs) with local firms, claims to have funded projects with rial-backed bonds, has improved buyback contracts and is considering allowing production sharing agreements (PSAs) to attract more investment. But as further sanctions hit crude exports, the output fall threatens to damage reservoirs, lowering production...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!