VOL. XLII

No. 05

1-February-1999

IRAN

President Khatami Approves Oil Industry Restructuring Plan

Iran痴 news agency IRNA announced last week thatPresident Mohammad Khatami has approved a restructuring plan for the OilMinistry and the National Iranian Oil Company (NIOC). The news agency said thatthe plan focuses on decentralization as well as separating policy-making fromexecutive affairs. It is also aimed at giving executive directors within theoil industry more authority to implement projects and...