Gazprom ‘Keen to Participate’ in Iran Gas Projects

The Russian energy minister said the country’s gas giant, Gazprom, is eager to develop gas projects in Iran.

Gazprom is interested in marketing project of liquefied natural gas (LNG) and natural gas in general in the Islamic Republic of Iran, Alexander Novak said, according to a report carried by Russian business daily Vedomosti on Monday.

Back in February, Gazprom’s Deputy CEO Alexander Medvedev had said the company planned to participate in Iran’s energy projects.

“With regard to Iran’s export opportunities, they, of course, exist both in pipeline gas and liquefied natural gas. However, what the purpose of this gas will be, it is still an open question. In addition, we do not exclude our participation in a number of projects in Iran, with export orientation,” Medvedev said.

He added, “It is no secret that there is a significant shortage of gas in the northern regions of Iran.”

Last year in December, Gazprom and the National Iranian Gas Company (NIGC) held talks on expanding Iran’s underground gas storage and its gas transport network, as well as equipment deliveries from Russia.

(Source: Tasnim, under Creative Commons licence)

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