Thursday, June 13, 2024

Canadian, Australian companies ready for gas cooperation

Companies from Canada and Australia have expressed readiness to put their money into Iran’s gas projects, the National Iranian Gas Company says.

Canadian and Australian companies have voiced readiness to invest in Iran’s gas projects.

Asghar Soheilipour, an official of the National Iranian Gas Company (NIGC), said the Australian company is handling the executive affairs of projects while the Canadian firm is an investment company, Shana reported.

“So far, we have only held one session with the representatives of these companies to discuss expansion of cooperation. The next session is to be held in a month,” he said.

“A South Korean company has also announced preparedness to expand cooperation with Iran’s gas sector.

Soheilipour noted that the company is currently implementing huge projects in Iraq, Kuwait and the UAE.

“We have held preliminary talks with the Korean company. Both sides are following up the issue,” he said.

Earlier, the official said 13 European and Asian companies and four domestic firms have voiced readiness to invest $15 billion in Iran’s gas projects.

“So far, we have held 21 sessions with foreign and domestic companies to explore ways of bolstering cooperation in gas sector and boosting investments,” he said.

Among the companies that are ready for cooperation with Iran’s gas sector are four European firms from Britain and France, and nine Asian firms from Japan, South Korea and China.

The companies are mainly involved in the production of pipes, development of refineries and establishment of pressure booster stations.

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