VOL. XLVI

No 40

06-October-2003

IRAN

Lukoil Farms In To Norsk Hydros Anaran Exploration License

Lukoil has farmed into the Anaran exploration license in western Iran, following the approval by the National Iranian Oil Company (NIOC) of a proposal made earlier this year by Lukoil and license operator Norsk Hydro (MEES, 24 February).Lukoil will take a 25% share in the Anaran project, with Norsk Hydro remaining as operator and holding the remaining 75%. The Anaran license was awarded to Norsk Hydro...