VOL. XLIII
No. 26
26-June-2000
IRAN
Iran Expected To Continue With Buyback Contracts Although Their Drawbacks Are Increasingly Clear
As the National Iranian Oil Company (NIOC) continues with its program of awarding exploration and development contracts to international petroleum companies under buyback contracts, the drawbacks of this type of agreement are becoming increasingly clear to Iranian officials, according to Vahan Zanoyan, President and CEO of The Petroleum Finance Company. Following a...
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