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Iran, Malaysia sign MoU for gas fields study

Xinhua, February 9, 2017 Adjust font size:

Iran's National Iranian Oil Company (NIOC) signed a memorandum of understanding (MoU) with Malaysia's Bukhary International Ventures (BIV) on Wednesday to carry out studies on Iran's Golshan and Ferdowsi gas fields, Iran's Petro-Energy network reported.

The recovery of natural gas and its transfer to onshore facilities will be studied by BIV, said Gholamreza Manouchehri, NIOC's deputy of development and engineering, who signed the deal on behalf of his company.

BIV will submit the result of its studies to NIOC over the fields within a period of seven months as put in the deal.

Golshan and Ferdowsi gas fields are the NIOC's recent discoveries, located respectively about 65 km and 85 km offshore the Persian Gulf. Endit