Middle East Economic Survey

VOL. LIII

No 6

8-Feb-2010

IRAN

NIGC Plans $9Bn Pipelines Investment Under New Five-Year Plan

Javad Oji, Managing Director of the National Iranian Gas Company (NIGC), told a press conference in Tehran on 31 January that the company plans to invest up to $9bn on the construction of high pressure gas pipelines during the governments new five year development plan (MEES, 18 January). NIGC intends to finance the construction of approximately 6,000km of high-pressure pipeline...