VOL. XLIII
No. 03
17-January-2000
IRAN
NIOCs Plans For International Subsidiary Put On Hold Pending Costs Analyses
The National Iranian Oil Company (NIOC) has temporarily halted the activities of its NIOC International subsidiary only three months after it began trading, pending further analysis by the state firms general assembly of the anticipated financial benefits of the new unit.
In October 1999 NIOC International began operations from Tehran, with a brief from its parent company to handle...
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