Economics

Gazprom, Iran sign Memorandum of Understanding

Photo: Reuters/Raheb Homavandi

Russia’s energy giant Gazprom and National Iranian Gas Company (NIGC) signed a memorandum of understanding on Tuesday.

The memorandum was signed by Gazprom Deputy CEO Alexander Medvedev, a RIA Novosti reports.

There is no information concerning the details of the memorandum.

Earlier in the day, Medvedev said that Gazprom was interested in a number of projects in Iran, including production of liquefied natural gas (LNG) and deliveries of pipeline gas, including deliveries to India.

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