IANS | 02 May, 2016
National Iran Gas Exports Company and the Korean Gas
Corporation signed a memorandum of understanding (MoU) here on Sunday to
cooperate in energy sector, Petro Energy Information Network reported.
Under the deal, Iran will export liquefied natural gas to South Korea and the
two countries will cooperate on exchanging related experiences in the gas
industry, Xinhua reported.
The agreement is signed concurrent with the arrival of the South Korean
President Park Geun-hye in Iran's capital Tehran on Sunday.
Park's visit is aimed at the talks on bilateral ties and economic cooperation
as well as regional and international issues.
During her three-day visit, Park will meet with Iranian President Hassan
Rouhani and a number of senior Iranian officials to discuss topics of mutual
interest.
Tehran and Seoul will sign a number of MoUs that touches the fields of energy
and telecommunications, to enhance their cooperation.