Iran in talks with Japanese, Korean oil and gas companies
Baku, Azerbaijan, Jan. 13
By Fatih Karimov - Trend:
Iran is in talks with three Japanese and South Korean oil and gas companies to invest in its oil and gas projects, Head of Investment Committee of the National Iranian Gas Company (NIGC) Asghar Soheilipour saidю
He said that Japan's Mitsubishi and South Korea's LG and Samsung are negotiating with NIGC to design, establish, and install gas refineries and pipelines, Iran's Mehr news agency reported on Jan. 13.
Some Japanese and Italian companies have announced readiness to implement projects even before lifting the international sanctions, he noted.
On Jan. 3, Soheilipour said that companies from France, Great Britain, Germany, Italy and Russia have held talks with NIGC on the issue of cooperation in the sphere of construction of gas processing plants (GPP) and gas pipelines.
Iran is currently in talks with giant European oil and gas firms including Italy's Eni, Russia's Lukoil, and British Petroleum. The international companies are reportedly ready to invest in Iran's oil and gas projects as soon as the sanctions regarding the country's nuclear program are lifted.