IKCO to Boost CNG-Hybrid Output

The National Iranian Oil Refining and Distribution Company has signed a $20 million contract with Iran’s major auto manufacturer Iran Khodro Company (IKCO) for the production of 45,000 CNG-hybrid taxis and pickup trucks.
In a Sunday ceremony at IKCO, Farshad Moqimi, the automaker’s CEO, and Jalil Salari, the head of NIORDC who is also the deputy oil minister, signed the deal to reduce gasoline consumption and curb air pollution, Ikcopress.ir reported.
The time limit of the deal has not been clarified by the reports. 
Based on the contract, the automaker will deliver CNG-hybrid Arisun pickups and Dena sedans with upgraded engines and systems.