Middle East Economic Survey
VOL. LIII
No 16
19-April-2010
IRAN
NIOC Claims Investment Increase To $12.5Bn In Previous Iranian Year
National Iranian Oil Company (NIOC) Managing Director Seifollah Jashnsaz told a press conference in Tehran on 13 April that more than $12.5bn was invested during the previous Iranian year (21 March 2009 20 March 2010) in the countrys oil and gas industry. Although he did not specify the contribution of foreign direct investment (FDI), he said the bulk of the...
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