VOL. XLIII

No. 24

12-June-2000

IRAN

NIOC Signs Contract For Gas Utilization Study By Nine International Companies

The National Iranian Oil Company (NIOC) signed a contract on 24 May under which nine international companies will undertake a gas utilization study expected to take nine months and cost $2.5mn. This follows NIOCs announcement earlier in May that it had selected Eni, BG International, Gaz de France, Lasmo, BP Amoco, Shell, BHP, Petronas and TotalFinaElf to help lay the foundations,...