Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia, while speaking to reporters on the sidelines of a meeting with Lithuanian Deputy Energy Minister Aleksandras Spruogis, pointed to the main axis of talks with the European country saying “Lithuania possesses invaluable experience in the area of Liquefied Natural Gas (LNG) and their proposals over technical cooperation and investment will be investigated.”
“Lithuanian officials have also made proposals to study shale oil and gas production,” highlighted Zamaninia adding “despite being a small country in Europe, Lithuania has managed to reduce its dependence on Russian energy supplies.”
The Iranian official went on to note that “Lithuania seeks to truncate its dependence on Russia from the current 90 to 50 per cent.”
“The European country’s deputy energy minister has confirmed the availability of floating facilities to transfer LNG to natural gas,” underlined Zamaninia asserting “given the capability, Lithuania is eager to launch technical collaboration with Iran in the area of LNG.”
Referring to the fact that Lithuania’s private sector is in charge of purchasing crude oil, Iran’s deputy oil minister concluded “accordingly, relevant negotiations will be conducted with the European country’s private sector since they are eager to import crude and oil products from Iran.”
HA/3671522
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