Tag Archives | Hemla Vantage

NIOC, Gazprom sign LNG deal

Russian gas giant Gazprom has signed a initial agreement with the National Iranian Oil Company (NIOC) for cooperation in the production of liquefied natural gas (LNG). As the official website of Gazprom announced, this would be part of a larger plan for cooperation that concentrates on the development of Iran’s gas fields “with subsequent transportation […]

Norwegian Firm close to £600m Petchem Deal

By John Lee. A Norwegian oil and gas company is reported to be close to finalising a $600-million petrochemical contract in Iran. According to The Financial Times, the contract will be a 50/50 joint venture between Hemla Vantage and the Kharg Petrochemical Company, a quasi-privately-owned company, to produce and export liquefied national gas and liquefied […]