According to IRNA, Mohsen Khojastehmehr said on Tuesday (May 17) that in the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition more than 100 contracts and memoranda were signed, adding NIOC signed memoranda of understanding worth over 3 billion dollars during the fair which ran from May 13 to 16 at Tehran’s permanent fairgrounds.

He further said that production of gas from Phase 11 of the massive South Pars gas field would begin during the current calendar year, which began on March 21.