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Gazprom Says Keen to Invest in Iran Gas Industry

Gazprom Says Keen to Invest in Iran Gas Industry
(Sunday, June 5, 2016) 12:12

TEHRAN, May 31 (Shana) -- Russian Gazprom Company declared interest to invest in Iran gas industry, Mojtaba Sheikh Bahaei, a deputy head of National Iranian Gas Company (NIGC) said.

  • Speaking to Shana on Tuesday, he explained the details of topics discussed in the National Iranian Gas Company (NIGC) and Gazprom Task Force on usage of gas.

    The official referred to the Gazprom role in providing Europe energy needs and said the company has also good experience in field of Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG).

    Gazprom experts attended the taskforce proposed a planning for better distribution of gas across Iran, Sheikh Bahaei added.

    He said that the Iranian and Russian sides have agreed to continue the talks on ways of decrease of gas consumption for home usages and also ways of monitoring the gas stations and other facilities in the next meeting to be held in Russia.

    NIGC and Gazprom taskforce for repair and maintenance of gas transmission and distribution networks held also a meeting on Monday with visiting delegation from Russian Gazprom Company.

    Eleven topics including Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), repair and maintenance system of Gas Turbo Compressors, Turbine Testing Lab, leak detection of gas transformation pipelines’ new technologies were discussed in the meeting between Iranian and Russian sides.

    In a meeting with Gazprom vice president the previous year, Tehran and Moscow established six task forces to explore ways of expansion of cooperation.

    Public Joint Stock Company Gazprom is a large Russian company founded in 1989, which carries on the business of extraction, production, transport, and sale of natural gas. 

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