VOL. XLVI

No 33

18-August-2003

IRAN

NIOC Markets Bahregansar Crude Separately After Capacity Increase

The National Iranian Oil Company (NIOC) has begun marketing crude oil from Bahregansar oilfield separately, after a project to expand production capacity was undertaken by its National Iranian Offshore Oil Company subsidiary. Late last year NIOC awarded a project worth a combined $2bn to Irans Engineering and Marine Installation Company, for development in Bahregansar field and on the Kharg Island...