VOL. XLI

No. 43

26-October-1998

IRAN

As Gas Export Prospects Wane, Iran Considers Opening Domestic PipelinesTo Foreign Investment

In a potentially important development, officials with the NationalIranian Gas Company (NIGC) have recently raised the prospect of an investment vehiclewhich would essentially allow foreign entities to own and operate gas pipelines withinIran. The concept, which bears a close resemblance to traditionalbuild-own-operate-transfer schemes, has been presented to...