Middle East Economic Survey

VOL. XLVIII

No 17

25-April-2005

IRAN

Hengam Development Will Be Separate From Omans West Bukha, Says Zanganeh

Following Omans decision to begin development drilling in the offshore West Bukha gas/condensate field, Iranian Minister of Petroleum Bijan Zanganeh said Iran would develop independently the extension of the structure into Iranian waters, where it is known as Hengam. Mr Zanganeh told reporters on 14 April that, while Iran and Oman had earlier agreed a joint...