Middle East Economic Survey

VOL. XLVIII

No 36

5-September-2005

IRAN

NIOC Marketing Nowruz Crude Separately From Soroush

The National Iranian Oil Company (NIOC) is marketing its new Nowruz crude oil separately from the similar Soroush grade, MEES understands, although the two fields were redeveloped by Shell under a combined project which includes a shared offshore storage tanker. Shell officially handed the Soroush/Nowruz production facilities over to Shell in early August (MEES, 15 August), having...