VOL. XLVI
No 8
24-February-2003
IRAN
Lukoil Agrees To Pursue Farm-In On Norsk Hydros Anaran Exploration Block
Russias Lukoil has announced the signature of a protocol with Norsk Hydro setting out a proposal for a farm-in on the Norwegian firms Anaran exploration license in Iran. Under the proposal, which has to be approved by the National Iranian Oil Company (NIOC), Lukoil would take a 25% interest in the license. A Norsk Hydro official told MEES that the decision to farm out part of the Anaran...
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