Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

IRAN

Iran To Replace Shell And Repsol With Local Firms In South Pars 13-14

Iranian Minister of Petroleum Masoud Mirkazemi has decided to replace Shell and Repsol with an Iranian consortium in the development of Phases 13 and 14 of the South Pars gas field development, Mehr News Agency reported on June 5. The ministry has increasingly been pressuring Shell and Repsol to commit to the project, but the companies have been reluctant because of...