No. 15



Irans Balal Field Development Delayed By Pipeline Leak

The development of Balal field offshore Iran by operator TotalFinaElf and Canadian partner Bow Valley Energy is being held up by the discovery of a leak in the oil export pipeline that was installed around 20 years ago during an earlier, aborted attempt to develop the field.

The 100km pipeline from Balal to the terminal on Lavan Island in the Gulf was the only part of the development completed in the...