VOL. XLIV

No. 27

2-July-2001

IRAN

JAPEX Submits Azadegan Development Plan

As MEES went to press, Japan Petroleum Exploration Company (JAPEX) was expected to submit before 1 July a plan for appraisal and development of Irans Azadegan field to the National Iranian Oil Company (NIOC). JAPEX is leading negotiations on behalf of Japanese companies for a buyback contract to appraise and develop a section of the giant Azadegan discovery, under an agreement between the Japanese and Iranian governments...