NEWS Iran seeking help in regaining prerevolution oil and gas flow

02/19/1996
Where Iran Proposes Oil and Gas Poojects [143439 bytes] Bob TippeeManaging Editor-Economics and Exploration Despite U.S. isolation efforts, Iran is asking international companies for financial and technical help with 11 large oil and gas projects. Several of the projects would revive prerevolutionary ambitions to make economic use of gas reserves estimated at 740 tcf. Plans of the 1970s to end flaring of associated gas by 1980 stalled after the Islamic revolution of 1978-79 and died in the 8 year war with Iraq that followed. Although domestic gas markets have grown, major reinjection and export plans foundered after the revolution, and much associated gas production, especially offs...
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