VOL. XLIII

No. 03

17-January-2000

IRAN

Pars Oil & Gas Company Anticipates Further Contract Awards And Cost Savings In South Pars

The Pars Oil & Gas Company a subsidiary of state-owned firm National Iranian Oil Company (NIOC) hopes that contracts with foreign petroleum companies will be signed during March for the development of five further phases of the giant South Pars gas field.

Pars Oil & Gas Managing Director Assadollah Salehiforuz told Tehrans IRNA official news agency that the...