Monday, May 31, 2004

CNN.com - India confirms Iran Trade Deal

CNN.com - India confirms Iran LNG contract - May 31, 2004: "SINGAPORE (Reuters) -- India will buy five million tonnes of liquefied natural gas (LNG) a year from Iran for $800 million per year under a 20-year contract from 2010, a top official from India's Petronet LNG Ltd said Monday.
An initial agreement was signed about a month and a half ago between India's state run gas firm GAIL Ltd and National Iranian Oil Co (NIOC), said Suresh Mathur, chief executive officer and managing director of Petronet."

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