Middle East Economic Survey

VOL. XLIX

No 20

15-May-2006

IRAN

NIOC Marks Progress On Central Gasfields Development

The National Iranian Central Oilfields Company, a subsidiary of the National Iranian Oil Company (NIOC), announced on 6 May that gasfield developments due to be completed this year would increase the regions gas production capacity from the current 265mn cmd (9.364bn cfd) to 310mn cmd (10.954bn cfd). Most of the increase would come from the completion of development of the Varavi, Homa,...