Middle East Economic Survey

VOL. XLVII

No 42

18-October-2004

IRAN

NIOC Studying Five NGL Plants

The National Iranian Oil Company (NIOC) has begun studies for the construction of five new NGL recovery plants to utilize associated gas from onshore oilfields where infill development and redevelopment work is under way. NIOCs PIN news service on 10 October quoted Zahed Tahmasbpour, Deputy Production Director at NIOCs National Iranian South Oil Company (NISOC) subsidiary, as saying that the plants were...