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Dec 27, 2007

Iran, Malaysia sign $16 billion gas deal Syracuse


TEHRAN, Iran (AP) - Iran and Malaysia signed a $16 billion agreement to develop two Iranian gas fields, state-run television reported Wednesday, describing the deal as the largest energy contract in Iran. Iran's Pars Oil and Gas Company (POGC) and Malaysia's SKS Ventures signed the multibillion dollar contract to develop Golshan and Ferdows gas fields in southern Iran. The contract was formally signed by Ali Vakili, director of POGC, and Mokhtar Al-Bokhari,
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