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Russian Ambassador to Iran Alexei Dedov said in an interview with RIA Novosti that Russian companies are showing interest in working at the Yuzhny Pars oil and gas field, and Iran and Gazprom are consulting on an agreement to develop fields in the Islamic Republic.

According to him, at present, the National Iranian Oil Company (NIOC) and Gazprom, in accordance with the memorandum, are working to determine the economic assessment of the prospects for the participation of the Russian company in oil and gas projects in Iran:

» In December 2022, a Gazprom Group delegation visited Iran, following which the parties agreed to continue consultations. Negotiations are underway, and we look forward to reaching mutually beneficial agreements in this area.”

Dedov also said that he notes the significantly increased interest of other Russian companies in cooperation with Iran in the oil and gas sector:

“The South Pars field is also in their field of vision.”

EADaily reminds that the Iranian Oil Company (NIOC) and Gazprom signed a memorandum in July 2022, which provides for assistance in the development of the Kish and North Pars gas fields, six oil fields, as well as in maintaining pressure in the South Pars field “. In addition, the document covers exchange operations with natural gas and oil products, the implementation of LNG projects, and the construction of export gas pipelines. Iran’s Shana agency said the size of a potential deal between the companies is $40 billion.

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