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Iran strikes deal with Romania for export of technical, engineering services

Oil&Gas 18 January 2022 16:38 (UTC +04:00)
Iran strikes deal with Romania for export of technical, engineering services

TEHRAN, Iran, Jan.18

Trend:

Iran and Romania have signed a memorandum of understanding based on which the Islamic Republic is going to provide Romania with engineering services related to the gas industry, Trend reports via IRNA.

The MOU was signed between Iranian Gas Engineering and Development Company and Romania’s Gaz Vest Company.

Based on the mentioned MOU, Iran is going to cooperate with Romania in the construction of natural gas transmission lines, pressure boosting facilities, and the development of gas storage tanks in the country.

Romania is the first European country to which Iran is going to export technical and engineering services.

Based on the data provided by the Association of Iranian Exporters of Technical and Engineering Services, Iran has the potential and capability to export technical and engineering services worth $25 billion in a year.

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