Middle East Economic Survey

VOL. LIV

No 18

2-May-2011

IRAN

Mapna To Invest Up To $14Bn On Upstream Gas Projects

Mahmoud Zirakchianzadeh, Managing Director of the Iranian Offshore Oil Company (IOOC), told the petroleum ministrys Shana website on 16 April that Iran Power Plant Projects Management Company (Mapna) has agreed to take over the implementation of the Lavan offshore natural gas project that is expected to cost $5bn over a period of four years. Mapna plans to develop the field to...