Tehran, Iran, Jan. 6
By Milad Fashtami - Trend:
Forty foreign Companies have declared their readiness to invest in Iran's gas sector.
Asghar Soheilipour, the head of Investment Committee of National Iranian Gas Company, said that the companies are from different countries including Canada, Australia, Japan, Korea, Malaysia, Russia, and China, Iran's SHANA News Agency reported on Jan. 6.
"The companies are willing to invest in pipeline laying projects, as well as construction of refineries and gas pressure booster stations," he said.
Soheilipour previously said that Russian firms have reportedly declared their readiness to finance Iran's oil and gas projects.
"Since Russians have halted several projects in eastern Europe and Syria due to different reasons, they are willing to finance Iranian projects," he said on Dec. 5.
"One company even proposed to provide a $2-billion investment immediately," he said.
According to the official, a Russian company has financed a $700-million pipeline project from southern city of Iranshahr to southeastern city of Chabahar.
"The project will be completed in two years," he said.
The US and EU have imposed sanctions on Russia over the country's alleged role in Ukrainian crisis. Following the sanctions, Moscow voluntarily banned importing certain items from the western countries.
This has created an opportunity for Tehran to boost its ties with Moscow.
During an official visit to Tehran by a high-ranking Russian delegation, the country officially requested Iran to increase its agricultural products and food stuff exports to Moscow in order to meet the country's domestic demands.
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