Middle East Economic Survey
CNPC Wins Kuhdasht Exploration And Development License
China National Petroleum Corporation (CNPC) and the National Iranian Oil Company (NIOC) have agreed terms for an exploration and development (E&D) license for the Kuhdasht block, MEES understands. As with the Saveh E&D license agreed with Thailands PTT in early May (MEES, 9 May), negotiations have been completed but the agreement has not yet been signed. The signing of both...