Iranian Gas Engineering and Development Company (IGEDC) has signed a memorandum of understanding (MoU) with 'Gaz Vest' company of Romania to export technical and engineering services for the gas industry, reported the News Agency of Iran Oil Ministry.
According to the MoU, IGEDC will cooperate with the Romanian company in construction of gas pipelines, pressure boosting facilities as well as underground gas storage reservoirs. The two companies also to study joint investment opportunities and cooperation in various fields such as feasibility of construction of refineries, power plants and gas pipelines.
Gaz Vest S.A. is a joint - stock company, which is active in supplies and distribution of natural gas in part of Romania.