SKS fails to meet obligations: NIOC
Malaysian SKS Company has not yet managed to secure financing of Iran's Golshan and Ferdows gas fields development plans, according to a report published by National Iranian Oil Company.
SKS has failed to receive a 10 billion euros loan from Asian banks which has caused delay in drilling operations at the Golshan gas field, the Mehr News Agency reported.
Based on the report, SKS is to carry out the projects next year.
Iran signed a $16 billion deal with Malaysia's SKS in December 2007 to develop the Golshan and Ferdows gas fields in the southern province of Bushehr.