Categories: AsiaEnergy

Seoul-Tehran Eye Pipeline Cooperation

KOGAS has agreed to engineer and launch Iran’s 9th and 11th cross-country pipeline projects, based on a Memorandum of Understanding (MoU) signed with the National Iranian Gas Company on Sunday May 1, a senior NIGC official said.

Azizollah Ramezani, the director for international affairs of the NIGC, made the remarks in an interview with Shana.

He mentioned the Iran-Oman undersea gas pipeline as another item included in the NIGC-KOGAS cooperation document.

The MoU signed between NIGC and KOGAS involves also other areas for cooperation including mini-liquefied natural gas (LNG), LNG and compressed natural gas (CNG) plants as well as Research and Development (R&D), the official added.

He said that there are good grounds for cooperation between NIGC and KOGAS for optimizing energy efficiency in gas pressure amplifying stations and refineries, as well as in other NIGC facilities.

Ramezani added that the signed MoU between Iranian and Korean gas companies prepared the ground for the formation of joint task forces as precondition to boost cooperation in new areas in the future.

The MoU between NIGC and KOGAS shall be effective for a period of one year and could be extended, he noted.

 

The Managing Director of NIGC, Hamidreza Araqi, and the President of KOGAS Seung-Hoon Lee signed a Memorandum of Understanding for boost of bilateral cooperation on Sunday.

Golrokh Askarieh

Recent Posts

One child gets killed every hour in Gaza: UN

The United Nations agency for Palestine refugees (UNRWA) has announced that 14,500 Palestinian children have…

2 hours ago

Several killed in blast at explosives factory in Turkey

At least 12 people were killed and three others wounded after a blast rocked an…

3 hours ago

Zelensky claims over 3k North Korean soldiers killed, wounded in Russia

The number of killed and injured North Korean soldiers fighting alongside Russian forces in Kursk…

3 hours ago

Iran Judiciary: No complains lodged against ex-FM Zarif over dual citizenship

The spokesperson for Iran’s Judiciary clarified that no complaints have been filed against former Foreign…

3 hours ago

Iran to unveil first AI-equipped oil well

The Iranian Vice President for Science, Technology and Knowledge-Based Economy has announced the inauguration of…

5 hours ago

Syrian rights group compiles list of over 16k Assad gov’t affiliates accused of crimes against civilians

A Syrian rights group has announced that it has compiled a list of around 16,200…

6 hours ago