VOL. XL

No. 47

24-November-1997

IRAN

Iran Plans New Buy-Back Tender, Oil Official Outlines Ideas For Handling ExplorationRisk

Speaking at the 18th Annual Oil & Money conference held in London on 18-19November, Dr. M.H. Nejad Hosseinian, Iran's Deputy Petroleum Minister for InternationalAffairs, said that efforts were currently underway to secure parliamentary approval for asecond generation of buy-back projects in his country's oil and gas sector (MEES,27 October). The projects are...