Middle East Economic Survey
VOL. LIV
No 10
7-Mar-2011
IRAN
IRGC Company Wins Two Pipeline Contracts
Khatam al-Anbia, the construction company controlled by Irans Islamic Revolutionary Guard Corps (IRGC), has been awarded pipeline contracts worth a combined $2.6bn, Mehr News Agency announced on 26 February. The downstream unit of the National Iranian Oil Company (NIOC) awarded Khatam al-Anbia a $1.3bn contract to build two pipelines, totaling 1,100km in length, to carry crude oil from...
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