Iran and Gazprom

From Al Alam, news that Iran and Gazprom have agreed upon the terms on developing “two or three” blocks of the South Pars field in the Persian Gulf, a deal that further highlights Moscow’s deepening trade and commercial ties with Tehran.  In fact, as noted in the article, there may be more oil sector cooperation on the way:

“…a statement posted on the Iranian oil ministry’s Web site said Gazprom was seeking to work with the National Iranian Gas Co. to expand and modernize Iran’s gas network, as well as increase transport possibilities.

However, it also cited Nozari as saying an agreement on a joint company would not be signed for another two months….”

This entry was posted on Friday, February 29th, 2008 at 2:59 pm and is filed under Gazprom, Iran, National Oil Company of Iran, Russia.  You can follow any responses to this entry through the RSS 2.0 feed.  You can leave a response, or trackback from your own site. 

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About This Blog
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.