VOL. XLV

No 12

25-March-2002

IRAN

IFCO Invites Tenders ForCNG Vehicle Refueling Equipment

TheIranian Fuel Consumption Optimization Organization (IFCO), a subsidiary of theNational Iranian Oil Company (NIOC), has invited tenders from internationalmanufacturers for the supply of compressed natural gas (CNG) vehicle refuelingequipment to Iran. The tender represents the first step in a planned $400mnprogram to install 20 CNG filling stations and convert many thousands of busesand taxis to CNG fuel in...