Gazprom and Iranian NIGC Agree to Explore Gas Supply Arrangements from Russia to Iran

26 June

Gazprom and the National Iranian Gas Company (NIGC) have signed a strategic memorandum to explore the organization of pipeline gas supplies from Russia to Iran, announced the Russian conglomerate following a delegation visit led by Chairman Alexey Miller.

 

"A strategic memorandum has been signed with the National Iranian Gas Company (NIGC) to explore the organization of pipeline deliveries of Russian natural gas to Iran," the statement read.

 

During the visit, Alexey Miller also held a working meeting with Iran's Minister of Petroleum, Javad Owji. They discussed initial steps towards implementing the memorandum and other areas of cooperation in the energy sector.

 

Gas cooperation between Russia and Irani has been actively developing. Earlier, Russian Deputy Prime Minister Alexander Novak noted Iran's interest in gas supplies from Russia, with discussions exploring various options.

 

Additionally, discussions have involved Qatar and Turkmenistan in establishing an energy hub, as well as swap deliveries to the north of Iran and the potential creation of a gas trading electronic platform in the south.

 

In 2022, the National Iranian Oil Company and Gazprom signed a memorandum on strategic cooperation, focusing on analyzing collaborative opportunities. This includes developing oil and gas fields in Iran, conducting exchange operations involving natural gas and petroleum products, implementing large and small-scale LNG projects, constructing main gas pipelines, and engaging in scientific, technical, and technological cooperation.

 

By autumn 2023, Javad Owji reported that Iran had identified joint projects worth $40 billion with Gazprom, with negotiations nearing completion and plans to swiftly move these projects forward. Gazprom, in particular, is considering the development of the Kish and North Pars fields, followed by LNG projects and global market deliveries.

 

 

GSV "Russia - Islamic World"

Photo: IlyaYurukin/PxHere

Based on TASS materials