TEHRAN, Nov 10 (NNN-IRNA) – Iranian Petroleum Minister, Javad Owji, said here yesterday, his ministry has signed with Russian energy giant Gazprom, cooperation agreements worth nearly 40 billion U.S. dollars.
The Iranian side would follow up on the progress of the agreements, which include the construction of LNG complexes in Iran, as well as, the development of Iran’s gas fields and gas export transmission lines, Owji was quoted as saying.
Iran has started the swap of oil and petroleum products with Russia, and is discussing the possibility of a gas swap, Owji said, adding, he hoped such a deal could be made possible this winter.
Iran’s Deputy Foreign Minister for Economic Diplomacy, Mehdi Safari, said last month that, Iran’s plan was to import Russia’s gas, while exporting Iranian gas to foreign markets, noting, such a move would benefit his country, by reducing the costs of transferring Iranian gas from the country’s southern regions to the north.– NNN-IRNA
