Tehran, Seoul to ink MoUs on oil, gas, petrochemical cooperation
Tehran and Seoul will sign a comprehensive memorandum of understanding (MoU) to boost oil exports and invest in LNG, refinery and petrochemical industry during South Korean president’s visit to Iran. President Park Geun-hye arrived in Tehran Sunday for first time to open new chapter in the two countries’ economic cooperation,…
‘No change in crude production increase’
A senior oil official said Iran does not intend changes in its plans to increase oil exports in post-sanctions era. Talking to IRNA on Saturday, Director General of Oil Ministry for OPEC and Oil Forums Mehdi Asali said Iran intends to increase crude production and exports by 500,000 barrels per…
