VOL. XLI

No. 40

5-October-1998

IRAN

NIOC Sets Deadline Of 30 November For Submission OfPreliminary Buy-Back Bids

Officials responsible for implementing the large number of projectstendered out to foreign firms on buy-back terms in the National Iranian Oil Companys(NIOC) second upstream offer have set a deadline of 30 November for the submission ofpreliminary bids relating to the ventures. The deadline applies only to the 24 developmentprojects in Irans onshore and offshore sectors for which bid...