No. 03



NIOC Supports Link With Chinese Bidder After Local Firm Wins Caspian Pipeline Contract

The National Iranian Oil Companys Board of Directors has decided to award a local company controlled by the Ministry of Energy a contract for the construction of a new 392-kilometer crude oil pipeline linking the Caspian Sea port of Neka to the Rey Terminal near Tehran. The project, which was tendered to international contractors last June and is due to be commissioned at...