Mobarakeh Steel has signed a memorandum of understanding has been signed with National Iranian Gas Company and Persian Gulf Petrochemical Industries.

MSC and NIGC agreed to construct, commission and operate 100 tons unit per day of LNG with storage tanks with a capacity of at least 25,000 tons.

The agreement between MSC and Persian Gulf Petrochemical Industries is to develop of gas fields.

Mohammad Yaser Tayebnia, CEO of Mobarakeh Steel said that Mobarakeh Steel, as a company that has a share of one percent of gross national product (GDP), has entered various fields such as water, electricity, transportation, activation and extraction of gas fields.