7 August 2016 - 13:12
  • News Code: 266485
IDRO, Hyundai Sign Deal for Gas, Oil Projects

TEHRAN, Aug 07 (Shana) -- Industrial Development and Renovation Organization of Iran (IDRO) and South Korean Hyndai Company have signed a deal for joint investment and implementation of oil and gas projects.

Executive Director of the mega projects in IDRO Masood Golshenas told Shana on Sunday that the deal comes on the heel of intensive talks between his company and Hyundai following the visit of South Korean President to Tehran in May.

He said the two sides will work on the executive frames of the projects the deal is about.

He added that the projects referred to in the deal are genuine in their kind.

News Code 266485

Your Comment

You are replying to: .
7 + 1 =