China, Iran signs $3.2 billion gas deal

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Mon, Mar 16, 2009
Gas Market News
Post by Melissa Pistilli, Gas Senior Reporter

China announced that it has signed a $3.2-billion gas deal with Iran which is holding the world’s second-largest natural gas reserves, for the production of 10.5 million tones of LNG annually in Iran’s South Pars gas field over the next three years.

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