An agreement for the production of liquefied natural gas has been signed between the Iran Engineering and Oil Company (IEOC) and British Gas, reported the Iran Daily.
The agreement was signed by Timothy J. Forbes, the British company's first deputy, and Gholamreza Forouzesh, the chairman of IEOC's Board of Directors signed on behalf of the Iranian partners.
Forouzesh stressed at the signing ceremony that Iran’s Oil Ministry is determined to put into LNG project into effect as soon as possible, and he adding that both a budget and an area in Assalouyeh has been designated. – (Albawaba-MEBG)
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