Gazprom delegation visits Iran
Led by Alexey Miller, Chairman of the Management Committee, a Gazprom delegation today paid a visit to the Islamic Republic of Iran meeting with Gholamhossein Nozari, Iranian Petroleum Minister.
The parties discussed potential development of cooperation between Gazprom and Iranian companies in the oil and gas sector. Exploration and development of oil and gas fields as well as joint gas transportation, processing and marketing activities were named as the major areas of interaction.
The parties agreed to jointly develop two or three blocks of the South Pars gas field as well as on Gazprom Neft’s participation in an oil production project in Iran.
The participants confirmed their interest in fortifying the mutually beneficial long-term partnership between Gazprom and Iran in the energy sector.
Iran’s proven natural gas reserves exceed 28 tcm. In 2006 natural gas production and consumption in Iran accounted for 105 bcm and 105.1 bcm respectively.
The national energy balance is represented by natural gas (53 per cent), oil (44 per cent), hydropower (2 per cent) and coal (1 per cent).
Gazprom had participated in stages two and three of the South Pars field development since 1997 together with the French TotalElf (40 per cent) and the Malaysian Petronas (30 per cent). At present, the startup complex is fully operational producing and processing 20 bcm of natural gas per annum.