Waheed Mahmood
TEHRAN: Iran has signed new contracts in the gas sector worth $6.5 billion; a senior official was quoted as saying on Tuesday, without giving precise details.
In a statement designed to show Iran’s gas sector was not hampered by international sanctions, Javad Oji, head of the National Iranian Gas Co (NIGC) said several big pipeline and refinery deals had been signed in recent weeks. “In the past week the contract on the construction of two main Iranian pipelines taking Iranian gas to Europe and Pakistan was signed,” Oji was quoted as saying by the semi-official Mehr news agency. He put the total value of the contract at $2.5 billion but did not say who the contract was with.
“Recently, the agreement on the partnership of Saderat Bank in the construction of Bidboland gas refinery and Parsian refinery geared to the production of ethane at a value of $4 billion was signed,” he said.-Agencies
“Recently, the agreement on the partnership of Saderat Bank in the construction of Bidboland gas refinery and Parsian refinery geared to the production of ethane at a value of $4 billion was signed,” he said.-Agencies
Posted in: World News
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