VOL. XL

No. 50

15-December-1997

IRAN

Iran Prepares To Tender Wide Range Of Upstream Oil/GasProjects, Both Onshore And Offshore

It is no secret that the National Iranian Oil Company (NIOC) is in the process ofpreparing a list of upstream projects which will be included in a second buy-back tenderscheduled for release early next year. Iranian oil officials have hardly been reticent onthe topic recently and public comments regarding the expansive scope of the tender fromOil Minister Bijan Zanganeh...