VOL. XL
No. 22
2-June-1997
IRAN
Iran's OIEC Lines Up 10% Share In Azerbaijan'sOffshore Lenkaran/Talesh Fields
Iran's private-sector Oil Industries Engineering and Construction Company (OIEC)has signed an agreement with Azerbaijan's state-owned oil company Socar giving it a 10% stakein the consortium developing Azerbaijan's offshore Lenkaran Deniz and Talesh Deniz oil fields, theIranian news agency reported on 28 May. Although no final arrangement on the structureof the company has been agreed, it...
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