Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by jgambino | Thu, 2009-12-10 19:51
selected project
Russia - Iran, Energy Venture Fund
description
Following talks in Tehran, Russia's Energy Minister Sergei Shmatko announced plans to set up a joint energy investment fund to finance Russian investment in Iran's energy sector. Iran has repeatedly said that it needs some $50-$100 billion over the next few years to maintain and expand its energy infrastructure. Earlier this month, Gazprom and NIOC signed a MoU.
- Country: Russia
- Client: National Iranian Oil Company
Status
- Current Status:
- Discussion Date: Tue, 2009-12-01
- Contract Date:
- Completion Date:
Citation
1. "Russia May Set Up Venture to Fund Energy Investments in Iran ", Bloomberg, 1 December 2009, available at http://www.bloomberg.com/apps/news?pid=20601072&sid=awym7YFeoFi8.
2. "Iran-Energy Deals with Russia", Zawya, 1 December 2009, available at http://www.zawya.com/Story.cfm/sidZAWYA20091201073617.