Croatian firms to participate in Iran’s oil projects
Baku, Azerbaijan, Nov. 23
By Fatih Karimov – Trend:
Over ten Croatian companies have expressed readiness to participate in Iran’s oil and gas projects, Amir Hossein Zamaninia, Iran’s deputy oil minister for International Affairs, said.
Zamaninia said that the companies are willing to offer technical and engineering services to refineries and oil and gas transmission networks of Iran, Mehr news agency reported Nov. 23.
Recently a new round of talks have been held in Tehran with the Croatian companies, he said without unveiling any company names.
Zamaninia added that Iran sees no limitations on boosting cooperation with Croatian firms in oil, gas and petrochemical industries.
He further said that the croatian side offered overhaul service for oil tanks, oil and gas pipelines and oil and gas refineries during the latest round of talks.
Croatia has already expressed readiness to import crude oil, gas, polyethylene as well as other petrochemical products from Iran.
Croatian INA oil and gas company signed a contract worth $141 million with the National Iranian Oil Company (NIOC) in 2008 to study Moghan-2 bloc in Ardebil province.
The main goal of the project was exploration and discovery of new hydrocarbon resources on the basis of the contract on providing services to NIOC.
However the Croatian company left the project in 2014, because of the problems related to foreign currency. The USD rate remained unstable for a long time after the embargo put by the West on the Iranian oil and gas industry.