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| | BVOM.COM - News (Site not responding. Last check: 2007-11-03) |
 | | The magazine cited Mu Shuling, an executive at Sinopec Corp. (0386.HK), as saying a delegation of the National Development and Reform Commission, China's economic-planning body, could go to Iran as early as March, where the two could sign a deal on jointly developing the Yadavaran field in southern Iran. |
 | | The deal, which the magazine said could be worth as much as $100 billion in gas and oil sales and field development costs, follows a memorandum of understanding signed in October 2004. |
 | | Yadavaran has estimated reserves of about 3 billion barrels and is expected to produce about 300,000 barrels per day (bpd), about the same volume of crude that China imports from Iran. |
| www.bvom.com /news/english/news/index.asp?.sequence=40126&.this=59 (526 words) |
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