Apr 27, 2015, 1:35 PM

Iran invites German companies to South Pars  

Iran invites German companies to South Pars  

TEHRAN, Apr. 27 (MNA) – Following Bulgaria’s invitation of Iran to join Nabokov pipeline project, Iran has officially invited German investors to participate in South Pars development projects and the transfer of gas to Europe. 

Not a few days have passed since the behind-the-closed-doors negotiations between Iran’s ambassador and Bulgarian Prime Minister and four other key figures at Bulgarian presidential palace in Sofia to return Iran to Nabokov pipeline project that Tehran has offered Berlin a considerable gas offer.

With the visit of a number of German businessmen and producers to Tehran, the Islamic Republic has invited investors and big oil and gas field equipment manufacturing companies to participate in a number of development plans of South Pars field phases.

Iranian Deputy Minister of Industry, Mine and Trade Mojtaba Khosrotaj, maintaining that Iran was ready to participate with and invest in German companies on South Pars development projects, said “German companies had had considerable participation in these development plans before the imposition of sanctions against Iran, and the possibility for a renewed participation and investment is on the horizon.”

With the participation of German companies in the development plan of a number of South Pars phases, Iran’s gas can have the opportunity to be exported to European countries.

A fresh round of negotiations between Iran and the EU on developing gas cooperation took place at Bulgarian presidential palace in Sofia as hosted by the Bulgarian Prime Minister Boyko Borisov, during which Iran was invited to return to the Nabokov pipeline project once the sanctions were terminated. 

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MNA
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News ID 106872

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