Iranian firms are capable of manufacturing a majority of high-tech equipment in the gas sector, all of which comply with international standards.
Reza Noshadi, managing director of the state-run Iran Gas Engineering and Development Company, made the statement while visiting Juan Santana, deputy CEO of Venezuelan state oil company PDVSA, in Tehran on Friday, ILNA reported.
Talks were mainly focused on supplying Venezuelan gas industry with high quality Iranian equipment. The two sides also emphasized on accelerating the execution of contracts signed in June between Nicolas Maduro, Venezuelan president and President Ebrahim Raisi in Tehran in June,” he added.
According to Noshadi, IGEDC, a subsidiary of the National Iranian Gas Company, has implemented several mega projects domestically and is willing to undertake international ventures.
The company is not only developing seven gas storage facilities across the country but also building 10 pressure boosting stations simultaneously. It is conducting viability studies to build new reservoirs in different areas, namely Babaqir gas field in Ilam Province, Viznehar and Haloush gas fields in Lorestan Province, Nader hydrocarbon reservoir in Bushehr Province and Sarkhoun gas field in Hormozgan Province.
Expressing his satisfaction with his trip to Tehran, Santana announced his country's plan to open a joint cooperation office in Iran.
“PDVSA is interested in drawing on Iran's experiences in LNG production projects, gas liquefaction, construction of gas pressure boosting facilities, gas processing plants and pipe-laying schemes,” he said.
“There is a wide range of sectors for cooperation between Tehran and Caracas, including oil, gas, refinery and petrochemicals.”
Santana noted that Venezuela is interested in using the experiences of IGEDC and its capabilities in natural gas fields.
Iran and Venezuela, both sanctioned by the United States, since 2020 have expanded cooperation, particularly for energy projects and oil swaps, helping the Caribbean nation ease the effect of Washington’s measures.
Aframax Oil Tanker
Iran delivered the second domestically manufactured Aframax oil tanker to Venezuela in June at a ceremony held in Tehran in the presence of President Ebrahim Raisi and his Venezuelan counterpart.
They were linked via videoconference to the deck of the vessel in the Persian Gulf waters.
The two sides signed documents related to the delivery of the oceangoing oil tanker manufactured by the Iranian Marine Industrial Company (Sadra).
Aframax has a deadweight of about 100,000 tons and can carry 113,000 tons of crude oil equivalent to 750,000 barrels.
The 250-meter-long vessel is equipped with a 21,000-horsepower engine and three diesel generators that are capable of producing 900 kilowatts of electricity.
This is the second such tanker delivered by Iran to the Latin American country, as part of arrangements between the two countries to counter American sanctions targeting their oil sector.
According to a contract signed by the two sides, Iran will build and deliver two more oil tankers to Venezuela.
