Unit International


Ghadi"r Investment Company, a major Iranian conglomerate, signed a trilateral memorandum of understanding on joint investments in oil and gas field development projects with Russia's state-owned oil firm Zarubezhneft and Turkey's Unit International in Moscow on Tuesday." (August 10, 2017)


“Turkish energy company Unit International has reached a $4.2 billion deal with Iran's energy ministry to build seven natural gas power plants there, in what it said was the biggest investment in Iran since the lifting of sanctions. The power stations, to be built in seven separate regions of Iran, Turkey's eastern neighbor, would have a combined installed capacity of 6,020 megawatts, the company said in a statement... ‘Unit International has reached a deal with the Iranian Energy Ministry worth some $4.2 billion to build natural gas combined cycle power plants,’ Unit said, adding the agreement was signed at a ceremony in Tehran on June 1.” (Reuters, “Turkey's Unit International says agrees $4.2 billion deal to build Iran power plants,” 6/4/2016)