VOL. XLVII

No 18

03-May-2004

IRAN

NIOC Earmarks Irans South Pars Phase 11 Gasfield Development For Total/Petronas

The National Iranian Oil Company (NIOC) has earmarked the project to develop Phase 11 of the South Pars gasfield offshore Iran for Total and Petronas, although MEES understands that negotiations over contract details still have some way to go before terms are agreed. NIOC Managing Director and Deputy Petroleum Minister Mehdi Mirmoezi said on the sidelines of a gas conference in Tehran...