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Russian Firms Eying on 9 Iranian Oil and Gas Fields

Following the conclusion of the St . Petersburg International Economic Forum ( SPIEF ) on Saturday , Iran ’ s Deputy Oil Minister for International Affairs Amir- Hossein Zamaniniya talked to Sputnik about the prospects for Russian companies developing Iranian oil and gas fields , Sputnik reported .
Iran and Russia inked a roadmap for cooperation in the energy sector at the 21st St . Petersburg International Economic Forum ( SPIEF 2017 ). These are intended to create favorable conditions for joint investment projects between the two countries .
The roadmap was signed by Iran ’ s Deputy Oil Minister for International Affairs Amir-Hossein Zamaniniya and Russia ’ s Deputy Minister of Energy Kirill Molodtsov in a meeting between the joint energy taskforces of Iran and Russia at the 2nd meeting of the Russian – Iranian working group for energy cooperation under the permanent Russian – Iranian joint trade and economic commission .
The roadmap came as the result of talks behind the closed doors between the Iranian authorities and Russian oil and gas companies , which presented their suggestions for the exploration and development of Iranian oil and gas fields . Sputnik sat down with Iran ’ s Deputy Oil Minister for International Affairs Amir-Hossein Zamaniniya to discuss the issue .
One of the most vital issues which was discussed at the Forum , the Minister said , was the impact of the energy sector on the environment and the balance between the energy and the environment . Among the new aspects which were discussed was the role of oil and gas as fossil fuels after 2050 .
There is every probability that the percentage of oil and gas in the world ’ s energy basket won ’ t remain the same as it is today , at 80 percent , but still will be sizable , he said . Hence there should be serious investments into the development of the oil and gas sector . Interesting and innovative solutions to the oil and gas sector were presented at the Forum .
Amir-Hossein Zamaniniya also commented on the meeting of the Russian – Iranian working group for energy cooperation , saying that the 6-7 largest Russian oil and gas companies have expressed their interest in developing nine Iranian oil and gas fields .
They have already conducted preliminary studies and have evaluated all the necessary work . Some already have so-called Master Development Plans ( MDP ). Iran will now review and study these plans .
The Minister noted that there is a very high potential for cooperation between Russian and Iranian oil and gas companies . He also expressed hope that the practical phase of cooperation will be launched in the nearest future .
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