Middle East Economic Survey


No 48



POGC Confirms Award Of South Pars 15-16 To Iranian Firms

Pars Oil and Gas Company (POGC) has confirmed the award of a contract to develop South Pars gasfield Phases 15 and 16 to local companies Sadra and Khatam-al-Anbia, following the failure of Norways Aker Kvaerner to agree terms with the two companies to undertake the project (MEES, 13 June). The project was not re-opened to tender, after POGC decided to give the two local...