Wednesday, March 01, 2023

Gazprom CEO Discusses Energy Cooperation during Visit to Iran

Gazprom CEO Discusses Energy Cooperation during Visit to Iran

TEHRAN (Tasnim) – The Chairman of the Board of Directors of Gazprom, Alexey Miller, led a delegation to Iran to discuss energy cooperation and a memorandum with the Iranian National Oil Company (NIOC), according to a Gazprom press release.

 The delegation held meetings with high-ranking Iranian officials to discuss cooperation in the energy sector, including the implementation of the Memorandum of Understanding signed by Gazprom and NIOC in 2022.

The memorandum aims to evaluate cooperation prospects in developing Iranian gas and oil fields, performing swap transactions with natural gas and petroleum products, implementing large-scale and small-scale LNG projects, constructing gas trunklines, and cooperation in science and technology.

During his visit, Miller met with Mohammad Mokhber, First Vice President of Iran, Javad Owji, Oil  Minister of Iran, Chairman of the Board of Directors of NIOC, and Mohsen Khojastehmehr, Deputy Minister of Petroleum of Iran and CEO of NIOC.

Miller and his delegation will compile a roadmap for cooperation on projects in the Iranian oil and gas sector. They may also hold meetings with Iranian Oil Minister Javad Owji or one of his senior deputies during their stay in Iran.

Last year, Gazprom and NIOC signed an MoU to cooperate on over $40 billion worth of oil and gas projects in Iran. Gazprom will contribute to Iran's plans to develop six oilfields and two gas fields under the MoU, while Iran will enable the Russian company to export its gas through Iranian territory under a swap arrangement, according to Iranian Oil Ministry officials.

Miller and Gazprom executives had previously met with Iranian ambassador to Moscow, Kazem Jalali, on Monday before departing for Iran.

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