Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

Iran

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...