Middle East Economic Survey


No 26



North Pars Gasfield Development Earmarked By NIOC For Petropars/IOC

The National Iranian Oil Company (NIOC) has lined up a linked project for the development of North Pars gasfield and an LNG export scheme for a consortium of Irans Petropars and the Indian Oil Corporation (IOC). The Petropars/IOC venture had earlier submitted a bid to NIOC for the development of a block in the giant South Pars gasfield, but at a recent meeting of a...