Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

IRAN

Petroleum Council Formed To Oversee Iranian Contracts

Irans Ministry of Petroleum has formed a Petroleum Council to oversee the award and management of petroleum industry contracts, according to local press reports on 28 December. The formation of the council marks the latest move by Irans Minister of Petroleum Kazem Vaziri-Hamaneh to increase the transparency of the ministrys operations. While domestic companies are expected to be...