Tuesday, July 06, 2004

Iran Set To Start One Of Biggest Indian Oil Projects

Mehr News Agency English: "Iran Set To Start One Of Biggest Indian Oil Projects
TEHRAN July 6 (MNA) -? Managing director of Iranian Engineering and Marine Installations Manufacturing Company said here Tuesday that the company has started the operational stage of the project to construct 156km pipelines in India.
Ali Asghar Kasnavi told the Mehr News Agency that the project will cost $160m and is one of the biggest oil projects in India.

He added that famous companies from America, Korea and India had participated in the bid from which the Iranian company had won.

The official stated that the 156km pipelines and 25 oil platforms are to be constructed in the project, stressing that it will be exploited until next summer.

The installation of 50km and 220km pipelines in Qatar and Salman are other projects under operation by this company, he said.


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