Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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selected project

Sinopec Upstream Operations Garmsar Block

description

China's Sinopec signed on to explore 16 blocks at the Garmsar field.  As of 2009, no commercial oil has been found. 

  • Country: China
  • Client: National Iranian Oil Company
  • Contractor: Sinopec
  • Amount (Current Dollar Value): $20,049,325 (2009 USD)

Status

  • Current Status:
  • Discussion Date: Thu, 2009-01-01
  • Contract Date: Fri, 2009-06-19
  • Completion Date:

Citation

1. "Outlook for Global Energy Markets", CSIS, 16 September 2009, available at http://csis.org/files/attachments/090916_energy_ppt.pdf.

2. "China's Sinopec signs a deal to develop oil block in Iran - report", Forbes, 20 June 2009, available at http://www.forbes.com/feeds/afx/2006/06/20/afx2829188.html.

All projects by Sinopec