VOL. XLIV
No 30
23-July-2001
IRAN
Iran Begins Buybacks Probes
The Iranian judiciary has begun to investigateallegations of corruption in the allocation of buyback contracts to internationaloil companies, focusing on the Petropars offshoot of the National Iranian OilCompany (NIOC), which is involved in development of the giant South Parsgasfield. At the same time the Majlis (parliament) has begun once again todebate the validity of buybacks, threatening (as it succeeded in doing lastyear) to...
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