VOL. XLVI

No 4

27-January-2003

IRAN

NIOC And GAIL Sign Gas Cooperation MOU

The National Iranian Oil Company (NIOC) and Gas Authority of India Ltd (GAIL) in New Delhi on 17 January signed a memorandum of understanding (MOU) for cooperation in natural gas, compressed natural gas (CNG) and liquefied natural gas (LNG) projects. NIOC and GAIL agreed to set up joint teams to study and develop project opportunities. Likely areas of cooperation were said to include: residential gas supply and CNG...