August 18 2003
The Iranian Cabinet recently approved a bill which increases the price of four main petroleum products. The bill, which took effect on April 5 2003, was submitted by the Petroleum Ministry, a subsection of the Ministry of Energy. Passage of the bill can largely be attributed to strength gained from three sources:
The bill's impact in terms of prices is as follows:
For further information on this topic please contact Behrooz Akhlaghi at International Law Office Dr Behrooz Akhlaghi and Associates by telephone (+98 21 873 21 38) or by fax (+98 21 873 41 29) or by email (email@example.com).
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