VOL. XLV

No 23

10-June-2002

IRAN

ManyProblems Remain Unresolved In Irans Oil And Gas Projects

This articlecomprises edited extracts from the confidential report EnergyInsights No 5: Overview and Update of Irans Oil and Gas Industry, preparedfor clients in early May by Fereidun Fesharaki, President of FACTS Inc, Honolulu,and exclusively made available to MEES.

Despite US sanctions, the Iranian oil industry hasmade great progress. Indeed, US sanctions have only delayed Irans plans for one or two...