VOL. XL
No. 20
19-May-1997
IRAN
US State Department To Investigate PossibleUK-Canadian Deal On Balal Oilfield
In a potentially significant move, the US State Department has reacted to animpending deal between the National Iranian Oil Company (NIOC) and a UK-Canadian group regarding thedevelopment of the 40,000 b/d offshore Balal oilfield (MEES, 12 May). State Departmentspokesman Nicholas Burns raised the issue on 13 May, saying that an investigation was beingconducted with a view to determining...
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