Iran enlists Kogas to commission oil pipeline
TEHRAN, May 3, 2016
Iran has enlisted Korea Gas Corporation (Kogas) to engineer and launch Iran's 9th and 11th cross-country pipeline project, based on an agreement signed with National Iranian Gas Company (NIGC), a report said.
The memorandum of understanding (MoU) extends to other areas for cooperation including mini-LNG, LNG and compressed natural gas (CNG) plants as well as research and development (R&D), Azizollah Ramezani, NIGC's director for international affairs was quoted as saying in the Iran Daily report, which cited Shana.
The Iran-Oman undersea gas pipeline was also included in the NIGC-Kogas cooperation agreement, he added.
The MoU will be valid for one year and could be extended, he noted.