$\"Poland's$ <\/a>

Poland’s biggest refiner PKN Orlen announced a major purchase of crude oil from Iran thus becoming the latest company to join the already long list of European clients of Iranian oil.<\/p><\/div>\n

What\u2019s more, NIOC and PGNiG have recently signed into a Memorandum of Understanding (MoU) for development of Sumar field in west Iran.<\/p>\n

In the same line, Deputy Head of NIOC for Development and Engineering Affairs Gholamreza Manouchehri has described the deal with the Polish over Sumar oilfield saying \u201cPGNiG will conduct studies in the field for six months before making a proposal and a contract will be inked in case both side reach agreement.\u201d<\/p>\n

Chairman of Polskie G\u00f3rnictwo Naftowe i Gazownictwo SA (PGNiG<\/a>) Peter Wozniak referred to the age-old history of ties between Iran and Poland stressing that his company had returned to Iran after a six-year hiatus, \u201cgiven our outstanding experiences in Pakistan and Norway, we will hopefully succeed in development of Sumar field.\u201d<\/p>\n

From 2006 to 2010, PGNiG held several talks with Iranian Offshore Oil Company (IOOC<\/a>) for expansion of Lavan gas field in the Persian Gulf and eventually refused to cooperate with NIOC after years of using delaying tactics.<\/p>\n

Bordering Iraq in the west of Kermanshah province, Sumar oil field<\/a> was discovered in 2009 and is believed to hold an in-place reserve of 475 million barrels of which 70 million barrels is recoverable.<\/p>\n","protected":false},"excerpt":{"rendered":"