Sat 21 Dec 2024 | 21 December 2024

Iran ready to expand cooperation with Russia in gas sector

Iran is ready to enhance cooperation in gas industry with Russia in the exchange of technology and equipment manufactured in the gas industry, said the deputy oil minister for gas affairs on Friday.

In an annual meeting of the Russian Gas Society, held through videoconference, Majid Chegeni said, "the consumption of fossil fuels and the process of investment and production of fossil fuels at projects have recently been challenged in the international conferences, he said, warning that some countries" extremism will not help realize the environmental objectives."

According to the report of the public relations of the National Iranian Gas Company (NIGC), Iran-Eurasian cooperation in the gas sector is developing but it is still far from the acceptable level, said Chegeni.

The North-South gas grid - extending from Russia to the Persian Gulf and South Asia - should be designed and launched as soon as possible to enable this region"s countries to utilize their gas trade capacities and export it to emerging markets, he underlined.

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