TEHRAN, May 31 (MNA) -- Oil Minister Gholam-Hossein Nozari has announced that Iran plans to drill an exploratory well in the Caspian Sea as the preliminary step for the construction of the Iran-Alborz semisubmersible drilling rig.

Issues related to the Caspian Sea legal regime -– which the five littoral states still have not finalized -- have been taken into consideration and there is no problem in this regard, the oil minister said on the sidelines of a contract signing ceremony in Tehran on Saturday.  

 

Two Iranian companies are currently conducting feasibility studies for the exploratory well project, he added.

 

MG/HG

END

MNA

News Code 34064

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