VOL. XLIV
No. 29
16-July-2001
IRAN
Iranian Production Capacity Diminishing By 300,000B/D A Year
Iran痴 oil production capacity isdiminishing by 300,000 b/d each year, according to Mehdi Mirmoezzi, Deputy OilMinister and Managing Director of Petroleum Engineering and Development Company(Pedec), the National Iranian Oil Company (NIOC) subsidiary negotiating buybackcontracts with international oil companies.The Tehran daily Hamshahri of 10July quoted Mr Mirmoezzi as saying that Iran痴 existing...
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