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Article: Iran. (oil and gas tenders; petroleum industry; trucking industry)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- December 5, 1997
CopyrightCOPYRIGHT 1997 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New oil and tenders planned for 1998
The Oil Ministry plans to invite bids within six months for the development of more than 13 oil and gas projects, including for the first time onshore schemes. The invitations, which will be in addition to 11 tenders for offshore projects issued in 1995, follow agreements with European and other oil firms willing to break US sanctions, and domestic legislative changes to improve investment conditions.
Deputy oil minister for international affairs Mohammad Nejadhossainian told a London conference on 19 November that three of the onshore schemes were for enhanced recovery of existing fields; these are thought to include ...