Several European companies have announced their enthusiasm for making investment in the ninth line of Iran's national gas pipeline, Managing-Director of the National Iranian Gas Company (NIGC) Mohammad Javad Oji said.
"Recently a European company offered a proposal to extract gas from the field, construct the pipeline and even export the gas for us," Oji told Fars News Ageny on Monday, April 18, adding, "We are now in negotiations with the company to finalize the contract terms."
Elsewhere, Oji referred to the talks held with Armenia on export of Iran's gas to the country, and said, "We have had some negotiations with the Armenian officials to increase gas exports to the country."
He mentioned that Iran exports less than one billion c/m of gas to Armenia at present, and said Tehran intends to boost gas supplies to the country by 600 percent.
Earlier, a senior Iranian oil official had announced that the country is in talks with foreign firms and companies to funnel a huge sum of foreign investment into the development of its oil and gas fields.
"We are in talks with many foreign companies to attract $20 bln of investment," Managing-Director of the National Iranian Offshore Oil Company (NIOOC) Mahmoud Zirakchianzadeh said in a news conference on the sidelines of the 16th Oil, Gas, Refining and Petrochemicals Exhibition here in Tehran on Saturday.
Also, last year, a senior Iranian oil official said that the country has a comprehensive plan to accelerate implementation of oil and gas projects in shared onshore and offshore fields.
Managing-Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani said that the company intends to accelerate implementation of upstream projects to develop shared fields and to increase output.






