GAZPROM'S PRECIOUS EXPERIENCE
Tehran, Dec 24, IRNA – Deputy Chairman of the Russian energy firm Gazprom Alexander Medvedev said Iran's newly-introduced oil and gas contract models (IPC) have contributed to his country's developing a new vision about the Islamic Republic's contracts.
"Neighborhood of Iran and Russia considering their hold on strategic gas resources as well as determination of the two countries' political leadership are significant reasons which can create appropriate opportunities in their bilateral relations," he said at a meeting here with Managing Director of the National Iranian Gas Company (NIGC) Hamid-Reza Araqi.
"Gazprom has useful and precious experience in various fields of the gas industry and can provide them to the NIGC," Shana quoted him saying.
"We are interested in turning the initial agreements to a memorandum of understanding which can be signed next year," Medvedev added.
"It is evident that the world needs gas and that Iran and Russia can use such a rich capacity to pursue their joint objectives in this field," NIGC managing director said following the meeting.
"NIGC has considerable experience, for example, in construction of gas pipelines, storage facilities, and gas refineries and can cooperate with Gazprom in these areas," he said.
The two delegations were planned to negotiate implementation of agreements reached on joint engineering, operation, commercial, and research projects, said NIGC director of international relations, Azizollah Ramezani.
"NIGC and Gazprom will hold several rounds of talks to review cooperation areas under five committees," he said prior to the first round of meetings with the 25-member Russian delegation.
|October, 22, 12:25:00|
|October, 22, 12:20:00|
|October, 22, 12:15:00|
|October, 22, 12:10:00|
|October, 22, 12:05:00|
|October, 22, 12:00:00|
BLOOMBERG - Russia has begun discussions with Exxon Mobil Corp. on possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.
IMF - The agreement reached today reflects the IMF’s commitment to continue to help Ukraine achieve stronger, sustainable, and inclusive economic growth. The new program has been developed in close coordination with the World Bank and the European Union, who have parallel operations to support Ukraine. The authorities’ steadfast and effective implementation will be critical for the program to achieve its objectives.
CNBC - Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program.
Schlumberger Announces Third-Quarter 2018 Results Revenue of $8.5 billion increased 2% sequentially Pretax operating income of $1.2 billion increased 5% sequentially EPS was $0.46 Cash flow from operations was $1.8 billion Free cash flow was $1.0 billion