Word: abadan
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...Iranian government. An agreement has already been worked out to form a new company to operate the industry in compliance with Iran's nationalization laws; Iran will split profits 50-50 with the oil companies. First foreign technicians are coming in this week to start checking over the Abadan refinery and oilfields...
...nationalism would cool off, could wait no longer. Current U.S. aid will last only until March; after that, warned Washington, there will be no more unless Iran starts helping itself. To survive, Iran needs-quickly-to restore to operation its rich oil wells and giant Abadan refinery, which have been idle since July...
...Tools, overhaul, required to get the giant Abadan refinery back into full production: $30 to $40 million...
...gift. But President Eisenhower's letter did suggest "an early effective use of Iran's rich resources"- a polite way of saying that further aid might depend on Iran's willingness to settle its oil dispute with Britain and get its important resource, the Abadan refineries, back into business. Premier Zahedi seemed to understand. "In the near future," said he, "we should be able to begin to make maximum use of our national resources...
...heat, Iran's worst in 60 years, came in with a terrible wind called "sharji." Soon the asphalt of the sidewalks was melting in the sun. In Abadan and Khorramshahr, all shops closed down, and the oil company's air-conditioning system would not work because the water warmed too quickly in the condenser. Abadan's two ice plants (capacity: 70 tons a day) could not meet the demand as smugglers shipped heavy loads out to oil-rich Kuwait and Qatar. In ten days, Iran's heat wave killed 158 people...