VOL. XLVII
No 01
5-January-2004
IRAN
Iran Earmarks $90-104Bn For Petroleum Industry Under Fourth Phase Of Strategic Plan
The Iranian government has allocated $90-104bn for petroleum industry investment under the fourth phase of its Strategic Development Plan (covering the years 2006-10), according to Akhbar Torkan, Deputy Petroleum Minister for Planning Affairs. Mr Torkan told a Tehran conference on 24 December: The law stipulates the maximum local manufacturing capacity should be used, so that...
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