Middle East Economic Survey

VOL. LIV

No 10

7-Mar-2011

IRAN

Chinese Company Signs Final Agreement For South Azadegan Development

Naji Saadouni, Managing Director of Petroleum Engineering and Development Company (PEDEC), a subsidiary of the National Iranian Oil Company (NIOC), told a press conference on 26 February that a Chinese company has signed a final agreement for the full-scale development of Irans South Azadegan oil field. Although he did not give the companys name, Chinas CNPC signed...