Global Gas Market Entry Needs Private Sector Help

Iran is keen to play a bigger role in the global natural gas market with the help of its private sector, the managing director of National Iranian Gas Company said.
“Boosting gas export is among the top priorities of Sixth Five-Year Economic Development Plan (2017-22), which requires the increased participation of private sector in the key industry,” Hamidreza Araqi was also quoted as saying by Mehr News Agency.
“Such cooperation will not only help the sector’s constant development, but will also boost the production of value-added commodities instead of exporting low value-added natural gas,” he added.
Noting that a stronger presence overseas requires the latest technological know-how, the official said an effective way to fulfill this goal could be through the private sector’s collaboration.