Iran to Develop New Gas Field in Northeast

Development of Tous gas field in northeastern Khorasan Razavi Province will help lift the regional economy and help stabilize energy supply to the northern and eastern areas, said Ramin Hatami, managing director of Iran Central Oil Fields Company.
The ICOFC and Petropars Company, a subsidiary of the National Iranian Oil Company, signed a memorandum of understanding to develop the field, ILNA reported.
The field is 100 kilometers northeast of Mashhad. Discovered 10 years ago, gas production from the field has yet to commence. So far, an exploratory well has been dug in the field.