VOL. XLVII

No 06

09-February-2004

IRAN

OMV, NIGEC Sign MOU On Iranian Gas Exports And Upstream Work

Austrias OMV and the National Iranian Gas Export Company (NIGEC) have signed a memorandum of understanding (MOU) regarding exports of Iranian gas to Europe through the proposed Nabucco pipeline from Turkey to Austria. The MOU also covers expanded exploration and production activities in Iran by OMV with NIGECs parent company the National Iranian Oil Company (NIOC). OMV issued a press statement on 27...