Iran, Siemens very close to sign ‘lucrative energy deal’

TEHRAN, May 04 (MNA) – Iran’s deputy energy minister has said Iran and Germany has been very close to signing a deal worth of €10bn in near future.

Houshang Falahatian told Mehr News on Wednesday that German deputy-Chancellor had postponed projected visit to Tehran and German minister of economy Sigmar Gabriel would soon travel to Tehran instead; “despite the postponing of official visit, Iran-Germany electricity talks have been going on unremittingly; currently, 3 German energy giants have been close to some sort of deals with Iran in electricity and energy; Siemens has agreed to manufacture and technology transfer of F-Class turbines; construction of new power plants is also a ground of talks where German companies would function as investors as well,” he told Mehr News. “According to a master plan of electricity, an annual investment of $5bn should be made in design and building of new power plants; a third ground to work with German sides include GIS posts and facilities, and we predict opening a credit line by which investments could be made into Iran’s energy projects,” Falahatian detailed.

“Aside from Germany and South Korea, talks have been made with other international investors to absorb resources into Iran’s energy sector in post-sanctions era,” he told Mehr News.

In a related story, Hamidreza Araghi, head of NIGC and Siemens Technology Director Mr. Siegfried Russwurm signed an MoU by which both sides agreed on working on renewal of outdated machinery, procurement of rotating parts, and improving efficiency of current equipment in gas facilities. Mr. Russwurm had earlier said that with removal of sanctions, his fellow company would deliver to NIGC necessary parts and equipment without any legal restrictions. “Siemens is active in railroad, energy and utilities machinery, and oil and gas pipelines; there is a diverse pool of issues for Siemens to work on with Iranian side,” he had told the press.

Meanwhile, Ali Akbar Shahabpour, Managing Director of Pars Oil and Gas Co. had told Mehr News in last February that importing some machinery and parts of South Pars projects had been permitted for Siemens; “Iran now would import gas compressors which had been seized in UAE and EU customs offices,” he had told earlier in February. On March, Bijan Namdar Zanganeh had drawn a positive prospect and new chapter in Iran-Siemens relations to procure the company’s strategic equipment and machinery after removal of sanctions.

 

SH/3616432/3616399 

 

News Code 116346

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