VOL. XLI

No. 19

11-May-1998

IRAN

BP Plans To Reopen Iran Office But Needs 'Progress' On ILSA

The Chief Executive of British Petroleum, Mr. John Browne, announced on 5 May that BPwill reopen an office in Tehran and that it has appointed a chief representative there.Speaking in London, Mr. Browne said the Tehran office would enable BP to "continueour very long dialogue with NIOC," which had been effectively unbroken since 1979when BP left Iran following the revolution. "There is one big caveat,"...