VOL. XLV
No 51/52
23/30-December-2002
IRAN
Iran Buybacks Impasse Hampers International Ambitions
Irans domestic politics is stifling efforts by international oil companies (IOCs) to join in oil and gas development activity. Given the current impasse, Irans buyback terms inevitably became a focus of the 7th International IIES Conference: The Impact of Globalization on Middle East Oil and Gas Industry in Tehran on 9-10 December. Yet delegates heard that Iran is the only major Gulf oil producer...
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