IRAN

 

Qasemi Announces Study Into Dissolution Of NIGEC

Iran’s Minister of Petroleum Rostam Qasemi announced on 7 August the formation of a study group that will assess a proposal by the Ministry of Petroleum to dissolve the National Iranian Gas Export Company (NIGEC). NIGEC is the export subsidiary of the National Iranian Gas Company (NIGC). The National Iranian Oil Company (NIOC) is lobbying for NIGEC to become an international affairs department...