Russian energy giant willing to cooperate with Iran

TEHRAN, May 09 (MNA) – Russian oil giant has expressed willingness to cooperate with Iran in the gas and oil sectors.

Expressing willingness to cooperate with Iran in the South Pars Gas Field development projects, a representative of Russian oil giant Gazprom has said the company would draw on Iran's experience in oil sanctions.

Gazprom representative Sergey Lasutenko made the remarks on the sidelines of Iran's 20th international oil and gas show.

Noting that Iran, like Russia, is under sanctions, Lasutenko said the two countries hold common interests to discuss.

Hailing Iran, he said the country has gained useful experience in gas and oil drilling as well as in manufacturing equipment, despite being under sanctions. “Iran and Russia are two of the biggest oil and gas producers in the world,” he said, adding that like Russia, Iran has huge oil and gas reserves and both countries have vast experience in exploration and production of crude oil and other hydrocarbon products.

Outlining the objectives of cooperation, Lasutenko said Russia holds a vast experience in offshore works, including great capabilities in sea drilling.

The Russian official also pointed to Gazprom's capabilities in constructing gas pipelines and said Russia and Gazprom also have the world's largest and longest pipelines and so they can help construct high-quality equipments.

Iran held a four-day international oil and gas show to introduce lucrative development projects. Some 1,200 Iranian and 600 foreign companies, including Britain, France, Germany, Italy, Russia and China, are attending the 20th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran which was inaugurated on Wednesday.

News Code 107060


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