NIGC, Gazprom to join forces

The National Iranian Gas Company and Russia’s Gazprom are to team up to finance oil and gas projects, managing director of the NIGC, Hamidreza Araqi, said.

NIGC and the Russian company have agreed to establish a joint working committee to explore ways of cooperation.

“Supply of equipment, transfer of technology, contribution to oil and gas projects finance with foreign investment and preparation of investment packages are among programs for cooperation between NIGC and Russia’s Gazprom,” he said.

Press Release; Image: NIGC