Middle East Economic Survey
VOL. XLVII
No 48
29-November-2004
IRAN
Repsol Estimates Persian LNG Investment At $4Bn
Total investment in the proposed Persian LNG export project is expected to be around $4bn, according to Miguel Angel Remon, Repsols Vice-President for Exploration and Production. Repsol and partner Shell recently signed a project framework agreement with the National Iranian Oil Company (NIOC) to build the Persian LNG plant, which NIOC aims to bring into production in 2010. Equity is...
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