TEHRAN - Iran’s Vice President for Science, Technology and Knowledge-Based Economy Rouhollah Dehqani Firouzabadi said the country’s knowledge-based companies active in gas industry have signed a memorandum of understanding (MOU) worth €500 million with the National Iranian Gas Company (NIGC).

Speaking to the national TV, Firouzabadi said that based on the mentioned MOU, 12 groups of strategic products will be made by the knowledge-based companies within four years, Shana reported.

According to the official, the vice presidency for Science, Technology and Knowledge-Based Economy signed a similar MOU worth around $2.0 billion with the companies on manufacturing seven groups of products.

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