Proposal to establish a consortium of Iranian gas engineering services with the Russians / Are Iran and Russia rivals in the gas market?

Reza Noshadi, CEO of Gas Engineering and Development Company, in an interview with Fars News Agency economic reporter, referring to the capacity of Iran-Russia cooperation in response to a question about the conflicting interests of Iran and Russia to achieve the European gas market, said: It is necessary to analyze the current position of this country from a larger perspective. From 2014 onwards, under the influence of the events in Ukraine, Western countries imposed sanctions on Russia. As a result, the country faced a sharper economic confrontation with the European Union and the United States.

He added that Russia had expanded its economic ties with neighboring countries and East Asia after the sanctions were imposed, thereby reducing its economic dependence on Europe and the United States. In fact, in the world economy, Russia is in serious opposition to the United States and Europe, but for reasons such as Europe’s heavy dependence on Russian gas, these countries can not impose tougher sanctions on Russia.

Noshadi said: “As a result of the global economic puzzle due to the imposition of EU and US sanctions against Russia and Iran, the two countries are in a common political-economic bloc and their economic interactions can be examined from this perspective.”

The CEO of Gas Engineering and Development Company said: “According to the statistics of Iran-Russia cooperation in the conditions of sanctions, not only has not decreased, but also had an upward trend, because for the same reason I said, Russia prefers to import from Iran and neighboring countries and reduce dependence on the EU.” However, this volume of trade is not a large number.

* Dreaming of European dependence on Iranian gas with the aim of destroying relations with Russia

He said: “Despite the definable capacity of cooperation between Iran and Russia, some media only touch the confrontation between the two countries in the European gas market, I think it is more influenced by the work of pro-Western currents than the real confrontation between the two countries in the real world.” Have. When the country’s gas consumption level is negative, with which gas are Iran and Russia supposed to compete for European gas?

Noshadi said: “But on this issue, the main priority of Iran in the field of gas is to resolve the gas crisis and challenge the negative gas balance.” This means that now in winter and in the coming years during the year, the demand for gas in the country is higher than the production of gas, and in order to be present in the gas market, Iran must first overcome the problem of its negative gas balance.

The CEO of Gas Engineering and Development Company said: “After solving the problem of inequality, the first step of Iran is to conquer the markets of the region.” That is, the most economical options for exporting Iranian gas are economically and politically to countries in the region such as Pakistan, Kuwait and Oman. At the same time, the need to focus on the value chain, electricity generation and valuable petrochemical products, prevents us from exporting gas to any country, including Europe.

He stressed: “Now, after conquering these markets and if access to higher technologies can be planned in different ways to participate in the global market and compete with Russia.”

Noshadi said: “So at the moment the target markets of Russia and Iran in the field of gas do not have a serious commonality and the discussions about Iran’s conquest of the European gas market are a bit dreamy and are not currently a priority for Iran.” Of course, this does not mean that the presence in the European market is bad, but my discussion is focused on priorities.

The CEO of Gas Engineering and Development Company said: “As a result, for the reasons I mentioned, the focus of Western media on the confrontation between Iran and Russia in the European market is more for political exploitation and destruction of relations between the two countries in the public mind, otherwise the target markets are separate.” .

* Attracting Russian investment in creating the oil and gas value chain

Regarding the investment capacities of the two countries, he added: “It is also possible that in our interactions with Russia, by attracting investment, technology and a license from this country, we can use it in creating our oil and gas value chain.” The Russians are already developing some of our oil fields, and this relationship is expected to be optimized.

Noshadi said: “I believe we have the ability to attract capital from within the country to develop oil and gas fields, and it is better to buy facilities that we do not have from Russia and other countries in places where it is possible to attract capital from within.”

* Proposing to establish a consortium of gas engineering services with the Russians

The CEO of Gas Engineering and Development Company said: In the field of gas market, the cooperation capacity of Iran and Russia is very high. Iran and Russia are the two countries with the largest gas resources in the world, which can help each other in technology transfer and licensing in the gas industry and fill each other’s gaps in the face of sanctions against Western companies. In this area, axes have been proposed for negotiations with the Russians.

He added: “We should look for joint work and projects in the field of gas with Russia in the form of a consortium.” Iran’s complex gas network and booster stations along the network show that Iranians’ capabilities in the gas industry have increased dramatically, and we are in our heyday.

“On the other hand, most of the country’s gas development network has been completed and there is almost no room for further development, so we should look for work abroad, especially in the field of consulting engineering, suppliers and contractors,” Noshadi concluded. These collaborations can be formed with the Russians in the form of a consortium.

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