Iran’s NIOC inks co-op documents with Gazprom
By Trend
Iran’s National Iranian Oil Company and Russia’s Gazprom have signed cooperation agreement, said a message on Gazprom’s website.
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to the Islamic Republic of Iran.
In the course of the visit, Alexey Miller met with Bijan Namdar Zangeneh, Iran’s Minister of Petroleum. The parties confirmed their interest in advancing their partnership on a large scale and discussed potential areas of bilateral cooperation.
Alexey Miller and Ali Kardor, Iran’s Deputy Minister of Petroleum, CEO of National Iranian Oil Company, inked a Roadmap. Pursuant to the document, Gazprom will conduct a proof-of-concept study with regard to implementing integrated projects for hydrocarbon production, transmission and processing, including petrochemistry, in Iranian territory.
Alexey Miller, Ali Kardor, and Nasrat Rahimi, Chairman of the Board of Directors of Oil Industry Pension, Saving and Staff Welfare Fund, signed a Memorandum of Understanding to explore the opportunities for joint efforts within the Iran LNG project.
Both documents reflect the willingness of the parties to cooperate along the entire production chain, from extracting gas in Iran to monetizing the product.
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