Asghar Soheilipour, director of investment committee at NIGC, said the Russian firms are ready to handle IGAT-6, IGAT-7, IGAT-9 and IGAT-11, all destined to export Iran’s gas.
He said that a memorandum has been signed with a Russian company for the construction of a pipeline stretching from Iranshahr to Chabahar in southeastern Iran.
“For the construction of this pipeline, we need 700 million dollars in investment,” said Soheilipour.
He said a Russian delegation is due to visit Iran soon to discuss the project.
He added that Gas Engineering and Development Company is currently gathering the necessary data for 300-kilometer Iranshahr-Chabahar pipeline.
The project is estimated to last two years.
IGAT-7, stretching from Assaluyeh to Iranshahr, needs 2 billion dollars in investment. IGAT-6 stretches from Assaluyeh to the southwestern city of Ahvaz while IGAT-9 starts from Assaluyeh and continues up to Bazargan along Iran-Turkey border.
IGAT-11 starts from Assaluyeh and finally reaches Tehran and the northeastern city of Mashhad.
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