Managing Director of National Iranian Oil Company (NIOC) Roknoddin Javadi says the ground is prepared for conclusion of a contract between Iran and South Korea for cooperation.

Javadi told Shana that South Korea is an industrial and developing state being growingly thirsty of energy.

Javadi met South Korean Gas Company head on Monday, discussing feasibility study for development of Balal gas field and gas projects.
Iran launched its 21st International Oil, Gas, Refining and Petrochemicals Exhibition at Tehrans permanent fairgrounds.