VOL. XXXIX

No. 24

11-March-1996

IRAN

Iran Awarded Oil Projects In Turkmenistan

Iranian Oil Minister Gholamreza Aghazadeh announced on 24 February that Iranian companies had been awarded contracts in Turkmenistan worth $150mn. One project comprises laying gas pipelines while the other involves building a processing unit to make gasoline out of fuel oil. Last summer Iran and Turkmenistan agreed to build a gas pipeline link that would link their separate systems and contribute to the...