IRAN

 

POGC Announces Plan To Revive North Pars/LNG Development

Pars Oil and Gas Company (POGC) Managing Director Mousa Souri told ISNA news agency on 12 May that a project to develop North Pars gas field and an LNG export plant may be revived. The POGC subsidiary of the National Iranian Oil Company (NIOC) signed a contract with China’s CNOOC in 2006 for a $16bn development of the field and associated LNG project (MEES, 25 December 2006). Mr...