VOL. XLI

No. 50

14-December-1998

IRAN

Irans Economic Council Questions Viability Of Doroud Buy-BackProject

It seems that approval of a long-delayed contract covering a majorsecondary recovery project at the offshore Doroud oilfield has been delayed as a result ofquestions raised during a high-level governmental review process. While a draft of theproposed contract was initialed in October by the National Iranian Oil Company (NIOC) anda partnership consisting of Frances Elf Aquitaine and Agip of...