Middle East Economic Survey

VOL. XLVII

No 39

27-September-2004

IRAN

Shell And Repsol Sign Preliminary Agreement With NIOC For Persian LNG Plant

Shell and Repsol have signed a project framework agreement with the National Iranian Oil Company (NIOC) for the proposed Persian LNG liquefaction and export project in Iran. The agreement was signed in Vienna on 16 September, following the recent OPEC ministerial meeting.MEES understands that the agreement is very much a preliminary measure, and will...