Middle East Economic Survey
VOL. LIV
No 46
14-Nov-2011
IRAN
Iran Announces $2Bn Investment To Reduce Gas Flaring
Hamdollah Mohammadnejad, Irans Deputy Minister of Petroleum for Engineering and Domestic Manufacturing Affairs, told a 4 November meeting of Ministry of Petroleum managers that the government has already spent around $500mn in improving the recovery of associated gas from oil fields. He said that the ministry planned to invest a total of $2bn in projects to reduce gas flaring in...
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