Middle East Economic Survey

VOL. XLVIII

No 31

1-August-2005

IRAN

Darquain Oilfield Inaugurated By Irans First Vice-President Aref

The first phase of the Darquain oilfield development, carried out under a buyback contract by Italys Eni and Iranian partner Naftiran Intertrade Company (NICO), was inaugurated on 23 July by Irans First Vice-President Mohammad Aref and Minister of Petroleum Bijan Zanganeh. The field development was awarded by the National Iranian Oil Company (NIOC) under a 60:40...