Iran Forms Gas Export Company NIGEC
The National Iranian Oil Companyhas formed a new subsidiary, the National Iranian Gas Export Company (NIGEC),to undertake all gas export functions. NIGEC is a subsidiary of NIOCInternational and will oversee all gas export projects involving pipeline gas,LNG and gas-to-liquids. The creation of NIGEC is thought to be a move to returnto the early pace of developing the giant offshore South Pars gasfield. Theoperations of the...