Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

IRAN

NIOC Plans Expansion Of Khami Formation Gas/Condensate Production

The National Iranian Oil Company (NIOC) plans to expand gas and condensate production from the Khami formation of a number of oil and gas fields, under a four-year development program expected to cost $1.2bn. Mohammad Mousavi, Project Director at NIOCs National Iranian South Oil Company (NISOC) subsidiary, was quoted by the companys PIN news service on 14 February as saying...