Middle East Economic Survey
VOL. XLVIII
No 2
10-January-2005
IRAN
Munir Block Discoveries Non-Commercial, But Exploration Continues
International oil firms exploring the Munir license area in Iran have declared two discoveries made there non-commercial, but have applied to the National Iranian Oil Company (NIOC) for a one-year extension to the license so they can study other prospects. Munir license partners are Italys Edison (operator 40% equity), Swedens Lundin Petroleum (30%), and Malaysias...
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