VOL. XLIV

No 34

20-August-2001

IRAN

Zanganeh Says Revenue ConstraintsMean Buybacks Are Best Option For NIOC

IransOil Minister Bijan Zanganeh has said that buyback deals represent the bestoption at this stage for concluding upstream contracts with international oilcompanies. In an interview with the daily AftabYazd published on 24 July, Mr Zanganeh said that a better methodisthrough partnership or concession. However, under the prevailing circumstances,our present and existing problems as well as...