Middle East Economic Survey

VOL. LI

No 7

18-February-2008

IRAN

Polands PGNiG Signs Agreement With NIOC For Gas/Condensate Developments

Polish Oil and Gas Company (PGNiG) on 11 February signed a letter of intent with the National Iranian Oil Company (NIOC) for the development of unspecified Iranian offshore gas/condensate discoveries. The Polish state firm said discussions with NIOCs Iranian Offshore Oil Company (IOOC) subsidiary were focused primarily on the potential involvement of PGNiG in...