Gazprom inks documents for cooperation in Iran
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to the Islamic Republic of Iran today.
Gazprom and Iran’s Ministry of Petroleum signed the Memorandum of Understanding for strategic cooperation in developing Iranian gas fields with subsequent gas transportation and monetization.
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.
The first phase of the Iran LNG project provides for the construction of two gas liquefaction trains with the annual capacity of 5.25 million tons each. During the second phase, the facility’s output will be increased to 21 million tons per year upon the construction of two additional process trains.
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.
