Join us on

SKS Ventures

SKS Ventures

Industry: 
Energy
Country: 
Malaysia
Sources: 

"China Petroleum & Chemical Corp., known as Sinopec, and Malaysia's SKS Ventures have taken over some parts of the projects, but the bulk of the work is now done by little-known local consortiums, some of them affiliates of the Guard's construction arm. Others belong to banks and the state."---Regarding refinery projects (South Pars). (Washington Post, "Sanctions slow development of huge natural gas field in Iran," 7/23/2010)

--

"Iran's Pars Oil and Gas Company and Malaysia's SKS Ventures signed the multibillion-dollar contract to develop the Golshan and Ferdows gas fields in southern Iran. (Canberra Times, In Brief, December 28, 2007)

--

Post-1999 Major Investments in Irans Energy Sector: Dec. 2007, SKS Ventures (Malaysia), $16 billion." (CRS Report, "The Iran Sanctions Act," 7/23/08)

--

"Iranian National Oil and Malaysia's SKS Ventures signed a $6 billion contract to develop the Golshan and Ferdows offshore gas fields in Iran, which contain an estimated 60 trillion cubic feet of gas, Minister Gholamhossein Nozari said on Wednesday. He said that a second part of the deal to build plants to produce liquefied natural gas worth $10 billion would soon be ready for signing." (Forbes, "Iran Deal Is A Gas For Malaysia's SKS," 12/26/07) CNPC remains one of two foreign oil company still invested in developing Iran's South Pars gas field, a venture from which numerous other foreign oil giants including Royal Dutch Shell and Total have pulled out

SKS remains one of two foreign oil company still invested in developing Iran's South Pars gas field, a venture from which numerous other foreign oil giants including Royal Dutch Shell and Total have pulled out (Financial Times). 

Response: 

No response at this time.