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Iran gas co open to tie up with Indian cos

Our Bureau

New Delhi, Aug. 4

The National Iranian Gas Exporting Company, Managing Director, Mr R. Javadi, on Thursday said that his company would be open to partnering with Indian private companies looking to invest in the energy sector in Iran.

When asked whether any Indian private sector company had shown interest, he said, "Though we have many international players wanting to invest in the sector, no Indian company has come forward as yet."

In fact, Iran has been looking at selling liquefied natural gas (LNG) from South Pars by pipeline and also possibly by LNG tanker. And there are reports of some domestic private sector companies bidding for some of these projects.

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