VOL. XLV
No 49
9-December-2002
IRAN
Petronas Acquires 30% Stake In Munir Exploration License
The Petronas Carigali Overseas subsidiary of Malaysian state firm Petronas has acquired a 30% interest in the Munir exploration license inIran for an undisclosed sum from operator Edison International of Italy and Swedens Lundin Petroleum. Edison now holds a 40% stake in the license and Lundin 30%, while before Petronas farm-in they held 60% and 40%, respectively. The National Iranian Oil Company (NIOC)...
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