The Iran oil bourse – a new direction?

…In May 2004 we were invited to lead a consortium in creating a new Petroleum Exchange in Iran and in August 2004 we completed a major

However, following our representations earlier this year to President Ahmadinejad, who has always favoured the transparency the project will bring, control of the project was recently transferred to the Ministry for the Economy, and is now hopefully back on track.

In the intervening period we have been able to develop our thinking in relation to the architecture of the proposed