VOL. XLIV

No. 21

21-May-2001

IRAN

NIOC In Talks Over New Partners For LNG Study And South Pars Phases 6, 7 and 8

Britains BG International is in discussions with the National Iranian Oil Company (NIOC) on taking a stake in a group undertaking a $10mn feasibility study into an Iranian LNG export scheme. MEES understands that NIOC would like to reduce its stake in the project from 50% to 40%, and has held talks with BG with a view to its taking over a 10% shareholding.

The feasibility study is being...