VOL. XLI

No. 50

14-December-1998

IRAN

NIOC Issues Official Tenders For Exploration Acreage

The National Iranian Oil Company (NIOC) published on 2 December aninvitation to tender in respect of 16 exploration blocks available to local andinternational firms under buyback terms (MEES, 23 November). The following is thetext of the tender as published in Iran News on 2 December 1998:

Invitation to Tender for Implementation of Exploration Projects

Further to the London Seminar, in Implementation of...