VOL. XLV

No 18

6-May-2002

IRAN

NIOC Begins Marketing South ParsCondensate

The National IranianOil Company (NIOC) last week began marketing gas condensate produced from theSouth Pars gasfield. On 28 April Pars Oil and GasManaging Director Assadollah Salehiforuztold reporters that Phases 2 and 3 of the South Pars project had so far yielded590,000 barrels of condensate, of which 500,000 was destined for export. SouthPars condensate will be marketed by NIOC from Tehran,and will not comprise part of...