Introduction
On 26th December 2007, a Buyback Contract for Development of Golshan Gas Field was signed between the National Iranian Oil Company (NIOC) and Malaysian SKS International Oil & Gas Co. The duration of the contract will be 66 months.
Golshan Gas Field is located approximately 65 KM, southwest of Iranian Coasts in the Persian Gulf.
The Buyback Contract was endorsed by NIOC Board of Directors on 1st January 2008, effective on the same date.

 Objectives
The main objectives of Golshan Gas Field Contract are as follows:

A- Full development plan for the gas fields as per approved Master Development Plan (MDP) including: 

 Drilling of 22 production wells
 Installation of 2 offshore gas production platforms
 Installation of two 32-inch sub-sea pipelines for transfer of gas to the onshore facilities
 Installation of two 4.5 inch sub-sea pipelines piggybacked on the 32-inch sub-sea pipeline for carrying MEG from the offshore processing unit to the production platform
 Installation of onshore gas processing plant (west of Dayyer Port) and support facilities including gas/carbohydrate liquid separation unit as well as stabilization of gas condensates and export of LPG and gas condensates
 Sweetening and dehydrating of gas transferred to onshore processing plant, Production, solidification and export of sulfur
 Production of SBM and jetties for export of gas condensates and LNG,
 
B. Achieve approved MDP goals including: 

 production of 2,000 MMscfd gas in Golshan Gas Field to supply
 feedstock for 2 operational units in the LNG production project,

C. Achieve gross costs estimated for development of Golshan Gas Field for approximately EUR 6 Billion.