Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

IRAN/CASPIAN

Iran And Turkmenistan Sign Agreement For Yolotan Gas Field Development

Irans Petroleum Minister Gholamhossein Nozari and Turkmen Deputy Prime Minister Tachberdy Tagiyev signed an agreement in Tehran on 16 February for the development of the Yolotan gas field in Turkmenistan. Under the terms of the deal, Iranian companies led by the National Iranian Oil Company (NIOC) will undertake the field development in return for the delivery of...