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13 Foreign Firms Keen to Invest in Iran Gas

Source: www.gulfoilandgas.com 8/17/2014, Location: Asia

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Thirteen foreign companies have announced their readiness to invest 15 billion dollars in Iran’s gas industry, a top official at the National Iranian Gas Company said.

Asghar Soheilipour said thirteen European and Asian companies as well as four Iranian companies are ready for investment.

“Four British and French companies, three Japanese companies, two South Korean companies, four Chinese companies and four Iranian companies have voiced their readiness for presence in Iran’s gas industry projects,” he said.

He added 21 meetings have so far been held with Iranian and foreign companies for investment in Iran’s gas industry.

Soheilipour said these companies are mainly active in pipe making, development of refineries and pressure booster stations.

Among the projects up for the investment are Iran Gas Trunkline (IGAT)-IX, IGAT-XI, completion of IGAT-6 and development of Ilam refinery.

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