Gazprom ready to start major gas projects in Iran

Russia’s energy giant Gazprom says it is moving closer to an ambitious scheme that envisages the development of several Iranian gas projects, including one that involves a state-of-the art technology to liquefy natural gas for exports to overseas markets.

News ID: 70798

Date: 18 June 2018 - 11:46

TEHRAN (Defapress) - Russia’s media quoted Vitaly Markelov, Gazprom’s deputy chairman, as saying that documents for the development of the projects would be soon prepared and later presented to the National Iranian Oil Company (NIOC).

Markelov said the projects included the development of Kish, Farzad-A, Farzad-B gas fields as well as one in South Pars energy hub.

“We will negotiate with the Iranian party [NIOC] over the projects and will announce our decision after analyzing Iran’s terms and conditions,” he was quoted as saying by Russia-2 television news channel during a press conference in Moscow.

The official further emphasized that Gazprom would also study the development of a major gas to liquid (LNG) scheme in southern Iran - named Iran LNG.

He said the development of Iran LNG had been halted but a series of major facilities for production of electricity had been installed, Press TV reported.

“Gazprom will need to study the technical aspect of this project and will decide over whether to take it up or not after its analysis of the project would end,” Markelov said.

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