Middle East Economic Survey

VOL. XLVIII

No 38

19-September-2005

NIOC LNG Financing Put Back A Year Due To EPC Contractor Availability, Politics

The financing for Irans 10mn tons/year NIOC LNG export project has been delayed by the logjam in domestic availability of engineering, procurement and construction (EPC) services, and by rising caution over the political outlook as Washington increases pressure on potential business partners for Iran over the nuclear stand-off, MEES learns. The National...