Middle East Economic Survey

VOL. LIII

No 43

25-Oct-2010

IRAN

Iran Has No Problem With Inpex Withdrawal From Azadegan

Irans Deputy Minister of Petroleum Mohsen Khojasteh-Mehr told reporters on 17 October that the Iranian government would not raise any obstacles to Inpexs decision to shed its 10% equity in the Azadegan development and would not ask the Japanese company to pay any compensation to the National Iranian Oil Company (NIOC). He said the withdrawal [of Inpex] will pose no problem...