Middle East Economic Survey
VOL. XLIX
No 8
20-February-2006
IRAN
Vaziri-Hamaneh Targets Buybacks Amendment By End-March, NIOC Plans New Projects
Iranian Minister of Petroleum Kazem Vaziri-Hamaneh told reporters on 15 February that he hoped a review of the countrys unpopular buyback contracts for oil and gas exploration and development projects would be completed by the end of the current Iranian calendar year (20 March 2006). Mr Vaziri-Hamaneh announced a review of buybacks shortly after being...
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