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7/6/07

Teheran Times: Gaz de France is seeking to make investments in Iran LNG project

For the complete report from the Tehran Times click on this link

Gaz de France is seeking to make investments in Iran LNG project

Gaz de France purchased the documents of four hydrocarbon blocks gone out to tender for exploration and development, announced the representative of Tehran-based office of the French company Wednesday. Mohammadreza Odabaii told PIN the giant company was keen to help Iran produce and refine gas of those fields it had involved in their exploration operations. He revealed that Gaz de France was thinking of meeting its European clients’ need by purchasing Iranian gas.

Gaz de France is seeking to make investments in Iran LNG project’s upstream and downstream sectors by 14 and 7 percent respectively. To this end, the French giant is holding negotiations with the National Iranian Gas Export Company (NIGEC).

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