VOL. XLVII

No 11

15-March-2004

IRAN

Irans Gas Supply Projects Budget Set At $10Bn For 2005-10

A sum of $10bn has been allocated to gas supply projects for the fourth five-year economic development plan (2005-10), according to the IRNA news agency on 6 March. The report quoted Hamid-Reza Araqi, Director of Gas Supply and Sales at the National Iranian Gas Company (NIGC), as saying that his company intended to build several gas refineries during the period. He added that supplying 33 industrial...