Tender to Be Run for Yadavaran, North Azadegan Fields

25 Dec 2016
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TEHRAN (Shana) – Deputy Managing Director of National Iranian Oil Company (NIOC) for Development and Engineering Affairs Gholam-Reza Manouchehri says Yadavaran and North Azadegan fields will be put out to international tender.

Manouchehri said the tenders will be for development of phases two of Yadavaran and North Azadegan fields.
"To continue cooperation, Chinese companies should run the tender," said Manouchehri.

He provided details on entrusting the project for development of the second phase of North Azadegan and Yadavaran oil fields to Chinese companies and said, "Chinese CNPC is willing to continue the contract for development of North Azadegan field but we have announced that if willing, they can continue cooperation within the framework of a new contract and run the tender."

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Iranian fuel conservation company (IFCO) a subsidiary of National Iranian Oil Company(NIOC) established in 2000 with the mission to regiment the fuel consumption in different sectors through review and survey of the current trend of consumption and executing conservation measures nationwide.

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