Russia Firms Ready to Build IGATs

Source: Shana 9/20/2014, Location: Asia

Russian companies have voiced their readiness to complete or construct Iran gas trunklines (IGATs), a senior official at National Iranian Gas Company said.

Asghar Soheilipour, director of investment committee at NIGC, said the Russian firms are ready to handle IGAT-6, IGAT-7, IGAT-9 and IGAT-11, all destined to export Iran’s gas.

He said that a memorandum has been signed with a Russian company for the construction of a pipeline stretching from Iranshahr to Chabahar in southeastern Iran.

“For the construction of this pipeline, we need 700 million dollars in investment,” said Soheilipour.

He said a Russian delegation is due to visit Iran soon to discuss the project.

He added that Gas Engineering and Development Company is currently gathering the necessary data for 300-kilometer Iranshahr-Chabahar pipeline.

The project is estimated to last two years.

IGAT-7, stretching from Assaluyeh to Iranshahr, needs 2 billion dollars in investment. IGAT-6 stretches from Assaluyeh to the southwestern city of Ahvaz while IGAT-9 starts from Assaluyeh and continues up to Bazargan along Iran-Turkey border.

IGAT-11 starts from Assaluyeh and finally reaches Tehran and the northeastern city of Mashhad.

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