Iran says it will work closely with Gazprom

Joint committee on the agenda, Iran says.
By Daniel J. Graeber   |   July 15, 2014 at 10:35 AM   |   Comments

| License Photo
TEHRAN, July 15 (UPI) -- The Iranian government said a joint working group may be set up with Russian natural gas company Gazprom in an effort to broaden bilateral relations.

Deputy Petroleum Minister Hamid Reza Araqi, who also heads the National Iranian Gas Co., said Iran would cooperate with Gazprom at the working group level on equipment supply, technology transfers and financing of oil and natural gas projects.

NIGC and Gazprom have discussed ways to expand their footprints in the global market, he said Monday.

Iran announced a series of joint efforts in the energy sector with its Russian counterparts this year. Both sides cooperate on nuclear energy issues, with Russia supplying nuclear fuel for Iran's reactor at Bushehr.

"Establishment of a joint committee comprising National Iranian Gas Company and Russia's Gazprom has been put on the agenda with the aim of expanding ties and cooperation," Araqi said.

Washington has expressed concern over bilateral cooperation between Iran and Russia. Iran is under pressure for its controversial nuclear program, while Russia is at odds with Western powers because of its stance on Ukraine and Syria.

Follow @dan_graeber and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
Northrop Grumman developing reusable space plane for lifting spacecraft into orbit
Construction on Russian gas line to China slated for September
Corona Extra recalled due to glass particles in beer
Navy to test Lockheed Martin's FORTIS exoskeleton
Final builder sea trials for Australian landing helicopter dock ship
Trending News