Iran Offers Help for Bolivia in Developing Gas Industry

Iran’s president highlighted the great potential for cooperation with Bolivia in the gas industry, saying Iranian experts are ready to carry out various gas exploration and production projects in the Latin American country.

In a meeting with his Bolivian counterpart on the sidelines the annual UN General Assembly meeting in New York on Monday, Iranian President Hassan Rouhani said Iran and Bolivia, two nation with huge natural gas reserves in the Middle East and Latin America, can promote mutual cooperation in the gas industry.

Iran has made great headways in the exploration and extraction of natural gas, in the construction of treating facilities for gas sweetening, and also in the downstream sectors such as the petrochemical industry, President Rouhani added, saying Tehran is prepared to assist Sucre in implementing development plans in all sectors of gas industry.

Voicing Iran’s readiness to provide Bolivia with “technical and engineering services”, the Iranian president called for efforts to boost banking ties between the two countries.

For his part, Evo Morales voiced Bolivia’s determination to broaden ties with Iran in all fields.

Bolivia would embrace help from Iranian companies to develop its petrochemical facilities and downstream sector in the energy industry, he added.

Inviting the Iranian president to attend the fourth summit of the Gas Exporting Countries Forum (GECF) in Bolivia, Morales said President Rouhani’s participation in the forum would signal “the very significant message that independent friends would stand together.”

GECF, a gathering of the world’s leading gas producers, was set up as an intergovernmental organization with the objective to increase the level of coordination and strengthen the collaboration among the member countries.

The 4th GECF summit will be held on November 20-24.

(Source: Tasnim, under Creative Commons licence)

No comments yet.

Leave a Reply