VOL. XLIV

No 41

8-October-2001

IRAN

Swedens Lundin Petroleum WinsNIOC Approval For Farm-In To Munir Exploration Block

Stockholm-based Lundin Petroleumannounced on 26 September that it has received the consent of the NationalIranian Oil Company (NIOC) to acquire a 40% interest in the Munir explorationblock in Iran. The license was awarded to Italys Edison Gas early this year,when parent company Montedison said the operator would look to bring in one ormore partners, retaining a 40-50% interest and...