SKS fails to meet obligations - NIOC
Friday, 25 Sep 2009
According to a report published by National Iranian Oil Company, Malaysian SKS Company has not yet managed to secure financing of Iran's Golshan and Ferdows gas fields’ development plans.
As per report, SKS has failed to receive a EUR 10 billion loan from Asian banks which has caused delay in drilling operations at the Golshan gas field.
Iran signed a USD 16 billion deal with Malaysia’s SKS in December 2007 to develop the Golshan and Ferdows gas fields in the southern province of Bushehr.
(Sourced from Mehr News Agency)
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