VOL. XLI
No. 20
18-May-1998
IRAN
NIOC Plans To Open International Tender for Caspian Oil Swaps Facilities
Iran's NIOC has announced plans to open an international tender for bids for theconstruction of installations to facilitate oil swaps between Iran and neighboring oilproducers in the Caspian region, with Iran processing Caspian crude in its northernrefineries at Tehran and Tabriz in exchange for equivalent volumes to be delivered at itsGulf terminals. The project will involve the...
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