VOL. XLVII
No 05
2-February-2004
IRAN
NIOC Improves Buyback Terms For Tender Of 16 Iranian E&D Licenses
The National Iranian Oil Company (NIOC) has announced major improvements to buyback terms that will apply to 16 exploration and development license areas. These were offered for tender at a conference in The Hague on 28-29 January, organized by IBC Global Conferences.MEES Markets/Iran Editor David Knott reports.
NIOC has responded to the concerns of international oil companies (IOCs) over...
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