VOL. XLIII

No. 40

2-OCTOBER-2000

IRAN

NIOC Takes Responsibility For Repair Or Replacement Of Balal Field Pipeline

The National Iranian Oil Company (NIOC) and TotalFinaElf, operator of the offshore Balal field development, have initialed a protocol under which NIOC will assume responsibility for the damaged pipeline that is central to the fields development plans. In early April it was revealed that the pipeline, installed about 20 years ago under an earlier attempt to develop the field, was...