Middle East Economic Survey
VOL. LIII
No 52
27-Dec-2010
IRAN
Irans Oil Crisis Grows
As the West turns the sanctions screw on Irans oil industry Schlumberger is the latest firm to leave Tehran continues to use Chinese companies, which lacking experience and technology struggle to stabilize production capacity. Irans toughening of commercial terms continues to deter international oil companies (IOCs) Totals chief says instead of improving terms for investors, Iran is becoming more...
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