VOL. XLIII

No. 16

17-April-2000

IRAN

Iran Awards Anaran Exploration Block To Norsk Hydro As Talks On Buyback Contracts Progress

As expectation mounts over field development buyback contracts being negotiated by the National Iranian Oil Company (NIOC) with international petroleum companies, Norways Norsk Hydro signed on 9 April a four-and-a-half-year exploration contract for the Anaran block. It covers 3,500 sq km and lies near Irans Dehluran oilfield, with its western limit running along the...