Middle East Economic Survey

VOL. XLIX

No 51

18-Dec-2006

IRAN

Irans Azadegan Cancellation A Blow To Japanese Energy Strategy, Says FACTS

The cancellation of the Inpex contract to develop Irans Azadegan oilfield is a significant setback for Japans energy strategy, according to FACTS Global Energy Group. In the report Japans Key Energy Issues And Security Supply Concerns, published in early December, FACTS analyst Tomoko Hosoe observes: On 6 October Inpex agreed to reduce its concession in Irans...