VOL. XLVI
No 6
10-February-2003
IRAN
NIOC Budget Constraints Force Revisions To Buyback Program
This article comprises edited extracts from the confidential report Iran Oil/Gas Industry: Outlook for 2003 and Beyond, prepared for clients in early February by Fereidun Fesharaki, President of FACTS Inc, Honolulu, and exclusively made available to MEES.
The outstanding oilfield development buyback contracts offered by the National Iranian Oil Company (NIOC) are the Bangestans (the Bangestan formations...
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