IANS | 20 Sep, 2022
The Iranian Oil Ministry said the country will soon purchase 9 million
cubic meters of gas per day from Russia through Azerbaijan.
The
Ministry announced the plan in a report on monday providing details of a
$40 billion deal between the National Iranian Oil Company (NIOC) and
Russia's state-owned gas producer Gazprom reached in July, reports
Xinhua news agency.
It added it will soon receive 6 million cubic
meters per day of gas from Russia under a swap deal to export them in
LNG (liquefied natural gas) to other countries from southern Iran.
The
deal also includes the completion of gas pipelines from Iran to
Pakistan and Oman and finishing a number of LNG production projects in
the country.
The Ministry's news service Shana has reported that
the development of Iran's Kish and North Pars gas fields, as well as six
oilfields, boosting pressure in the South Pars Gas Field, completion of
LNG projects, swap of gas and petroleum products and construction of
gas transfer pipelines are some of the deal's highlights.
