FOIA
CENTRAL INTELLIGENCE BULLETIN
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP79T00975A022100120002-1
Release Decision:
RIPPUB
Original Classification:
T
Document Page Count:
6
Document Creation Date:
December 15, 2016
Document Release Date:
May 13, 2003
Sequence Number:
2
Case Number:
Publication Date:
June 22, 1972
Content Type:
REPORT
File:
| Attachment | Size |
|---|---|
 CIA-RDP79T00975A022100120002-1.pdf | 78.83 KB |
Body:
Approved For Release 2003/06/12 : CIA-RDP79T00975A022100120002-1
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DIRECTORATE OF
INTELLIGENCE
Central Intelligence Bulletin
Top Secret
C 2 917
22 June 1972
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Central Intelligence Bulletin
IRAN: Shah extends oil concession (Page 11)
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Next 11 Page(s) In Document Exempt
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IRAN: The Shah, who decided last year to nego-
tiateindependently of OPEC on the issue of partici-
pation, has extended the oil consortium's concession
to 1994. The Shah's move comes at a time when other
oil producing countries are striving for greater
control over the oil companies operating within their
borders. As a result of the agreement, the consor-
tium will increase oil production from the current
level of 4.3 million barrels per day to about 8 mil-
lion barrels per day by 1976. In addition, the oil
companies will turn over the large Abadan refinery
to the government, build a new one at Kharg Island,
and make oil available at cost for Iranian domestic
consumption. The Shah plans to announce the agree-
ment before the OPEC meeting next Monday. This meet-
ing is scheduled to review Saudi Oil Minister Yamani's
negotiations with the oil companies, which have made
little progress on the participation issue. Yamani
is negotiating on behalf of the Persian Gulf coun-
22 Jun 72
Central Intelligence Bulletin
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Approved For Release 2003/06/12 : CIA-RDP79T00975AO22100120002-1
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