28 May 2007 - 12:17
  • News Code: 105767
Iran Ready to Develop 10 Iraqi Oilfields: MP

TEHRAN – Head of Energy Committee of Majlis (parliament) here Monday said Iranian contractors had the capacity to develop at least 10 oilfields in Iraq.


Kamal Daneshyar told PIN Iran was ready to give a positive response to Iraqi officials’ request and to help the neighboring state implement its oil projects. 

The official said Iranian industrialists’ participation in Iraqi projects needed no parliamentary approval, underlining that the government needed to remove the obstacles facing domestic contractors as soon as possible and to take the opportunity.

In his mid-May meeting with Iran’s Minister of Petroleum Seyed Kazem Vaziri-Hamaneh, Iraqi Oil Minister Hussain al-Shahristani called for forming working groups to develop joint fields.

The managing director of National Iranian Oil Company (NIOC) has also announced that two expert committees will be set up to develop Iran-Iraq joint oilfields.

Gholam-Hossein Nozari told reporters Naftshahr, West Paidar, Azar, and Azadegan are among the joint fields whose exploration and development operations were underway.

Javad Sa’dounzadeh, a member of Majlis Energy Committee, told PIN the request submitted by Iraqi oil industry officials to Iran to take part in their projects, was a good opportunity to transfer the country’s know-how to the neighboring state.

Representative of Abadan at the parliament noted that Iran’s cooperation with the Iraqi oil industry would also help restore stability and security in that country, but absence of Iran in Iraq oil industry would pave the way for other countries, including the occupiers.

We must avail of economic capacities in both Muslim countries in any possible way,” he said.

Sa’dounzadeh added Iran enjoyed huge gas reserves and should pave the way for increasing value added of its resources through widespread international interactions.

According to the 20-year Outlook Plan, we must avoid selling raw material and, therefore, we must avail of all opportunities including the peace pipeline.”

Hojjatollah Ghanimifard, the Iranian petroleum minister’s special envoy for the peace pipeline talks, here Sunday assured that Iran-Pakistan-India (IPI) gas contract would be finalized by the end of June.

The tripartite pipeline is a proposed 2,775 km gas pipeline project to deliver natural gas from Iran to Pakistan and India. The project is expected to take three to five years to complete and will cost $7 billion. 

News Code 105767

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