Irans Parliament Approves $2.8Bn Azadegan Outlay Next Year
The Iranian parliaments Energy Committee has approved a proposal for the National Iranian Oil Company (NIOC) to spend up to $2.8bn during the Iranian year beginning March 2001 on exploration and development work in the giant Azadegan discovery. The proposal was included in the draft budget submitted in December (MEES, 18 December 2000). Japanese companies are undertaking exclusive negotiations with...
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