29 Mar 2024
Sunday 7 June 2015 - 23:09
Story Code : 166845

NIGC should become Int値 firm

TEHRAN June 06(Shana)--The head of National Iranian Gas Company (NIGC) has said that the state-run firm should become an international company.

典he missions assigned to NIGC should be revised so threza araqat it would become an international company, Hamid-Reza Araqi said.

He added that NIGC has to redefine its activities because of the new environment created for the company.

Araqi said NIGC has to correct its procedures, adding: 鉄ince we plan to enter the global market we have to make the procedures transparent.
He said NIGC has been supplying gas to cities, industries and power plants for five decades while creating jobs and protecting the environment.

的n the coming years, NIGC would not be the only gas supplier in the country and it will also be managing the country痴 energy sector, he said.
Araqi said NIGC has negotiated a $2.5-billion contract with potential investors over the past months.

By SHANA
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