VOL. XLI

No. 45

9-November-1998

IRAN/FSU

Iran Plans To Award Caspian Pipeline Contract By End-November

Iran is planning to award a tendered $400mn contract to build a newpipeline from the Caspian Sea port of Neka to its refineries at Tehran and Tabriz inNorthern Iran by the end of November, according to Iranian Deputy Minister for Caspian Oiland Gas Affairs Ali Majedi. Mr. Majedi told Reuters on 4 November: "We havehad 13 proposals, including submissions from Chinese, Italian and German...