NIGC: Iran invites Russia to build 9th transnational gas pipeline
MOSCOW, Jan 23 (PRIME) -- Iran would appreciate Russia’s participation in the construction of the ninth, U.S. $2.5 billion transnational gas pipeline, the head of the National Iranian Gas Company (NIGC) Hamidreza Araghi said on Monday.
The pipeline with a projected length of 1,863 kilometers in intended to ship 100 million cubic meters of gas to the north-western borders of the country.
Russia may participate under an EPCF (Engineering, Procurement, Construction and Finance) agreement.
Araghi said Iran plans to develop gas industry cooperation with Russia. “At present Iran and Russia possess the biggest natural gas reserves in the world,” he added.
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23.01.2017 13:53