Middle East Economic Survey

VOL. LII

No 11

16-Mar-2009

IRAN

IPO Head Clears Petropars For Privatization

Gholamreza Kord-Zanganeh, President of the Iranian Privatization Organization (IPO), which oversees all privatization of state companies according to Article 44 of Irans constitution, has cleared Petropars as eligible and ready to begin the process of reducing government control. Petropars is the National Iranian Oil Company (NIOC) subsidiary charged with negotiating with international...