8 August 2016 - 17:12
  • News Code: 266597
Jakarta in Talk with Tehran to Increase Oil Import: Envoy

TEHRAN, Aug 08(Shana) – Jakarta is in talk with Tehran to increase the import of oil and Liquefied Petroleum Gas from Iran, Indonesian Ambassador to Iran Octavino Alimudin said on Monday.

Speaking in an interview with Shana, he said that Indonesia will continue talks with Iran in order to boost investment in fields of upstream section and construction of refineries.

Iran and Indonesia enjoy cordial ties and good cooperation in various fields, the envoy added.

He noted that Tehran and Jakarta are in talks for export of Iran's crude oil and Liquefied Petroleum Gas to Indonesia.

National Iranian Oil Company and Indonesian state-owned oil and natural gas corporation Pertamina signed a memorandum of understanding (MoU) on Monday for the latter to carry out studies over two Iranian oil fields.

Ali Kardor, managing director of NIOC, and President of Pertamina Dwi Soetjipto signed the MoU in Tehran.

The deal is aimed at studying the fields of Abteimour and Mansouri for future development.

During the ceremony, Kardor underlined the significance of knowledge transfer to Iran by signature of the MoU, adding this will be the first direct cooperation of NIOC and Pertamina.

"Iran's oil industry has been chiefly focused on knowledge transfer and seek interactions with international companies in the industry," said the NIOC official.

He said NIOC needs to access the latest technologies for fulfilling its development goals and this is a point that international firms must take into account in their interactions with the company.

News Code 266597

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