Middle East Economic Survey

VOL. L

No 7

12-Feb-2007

IRAN

Daelim, IRGC Awarded Contract To Construct LNG, LPG Storage Facilities

South Koreas Daelim and the Khatam-al-Anbia engineering arm of Irans Islamic Revolutionary Guard Corps (IRGC) have been awarded a contract worth $500mn to build LNG and LPG storage facilities, gas processing units and port facilities for the National Iranian Oil Company (NIOC), according to a Mehr News Agency report of 7 February. Daelims part of the package is reported to...