VOL. XLI

No. 50

14-December-1998

IRAN

Foreign Consortium Set To Sign Major Exploration Deal In IransCaspian Sea Sector

It appears that negotiations between the National Iranian Oil company(NIOC) and a group of three international oil companies covering a major exploration studyagreement in Irans Caspian Sea sector have at last been finalized. As MEESwent to press late in the day on Friday, signature of the deal was still scheduled for 14December in Tehran. Parties to the deal comprise NIOC, Royal...