No. 45



Iran Abandons Plan To Sell Off State Drilling Company

Irans Ministry of Oil has abandoned a plan to sell off the National Iranian Drilling Company (NIDC) following a strike by workers, according to the Hayat-e No newspaper on 1 November. The newspaper quoted NIDC Director Heydar Bahmani as saying that the decision was made in a meeting between the oil minister and members of the parliaments energy committee. The company will continue to operate as in the...