VOL. XXXVI

NO. 25

22-MARCH-1993

IRAN

Iran to Pursue Gas Flaring Reduction Project, Despite Lack of PrivateFinance

Iran is expected to issue a pre-qualification notice at the end of March forits gas flaring reduction project in the onshore southern fields and theoffshore fields around Kharg Island. The notice will be issued in the UNpublication "Development Business". The project will involve thegathering and reinjection of associated gas and will cost around $1.2bn, ofwhich the foreign financing...