VOL. XLIV

No. 04

22-January-2001

IRAN

NIOC Awards Exploration Blocks To Edison Gas And Sinopec

The National Iranian Oil Company (NIOC) has awarded contracts for two onshore exploration blocks: the 3,175 sq km Munir tract, which lies east-southeast of the Gachsaran oilfield, to Italys Edison Gas; and the 4,080 sq km Zavareh-Kashan area to Chinas Sinopec. These are only the second and third exploration licenses to be awarded to international oil companies since NIOCs offering of 24 development and...