TEHRAN -- Iranian Offshore Oil Company (IOOC)and Polish Oil and Gas Company (PGNiG) are about to sign a 2-billion-U.S.-dollar liquefied natural gas (LNG) contract, local daily Tehran Times reported Sunday.
"Recently Poland requested to invest in Lavan gas field whose volume of gas-in-place is around 10 trillion cubic feet (TCF)," IOOC managing director Mahmoud Zirakchian Zadeh was quoted as saying on Saturday.
"The Polish side has declared its readiness to invest in Persian Gulf's Lavan gas field development plan to export the produced LNG gas to Poland," he added.
Zadeh said that the contract will most probably be finalized.
Poland, which depends on Russia for 48 percent of its gas imports, has made diversification of supply a priority.
In recent months, PGNiG signed several deals that could allow it to import gas from countries such as Libya and Denmark.
"Recently Poland requested to invest in Lavan gas field whose volume of gas-in-place is around 10 trillion cubic feet (TCF)," IOOC managing director Mahmoud Zirakchian Zadeh was quoted as saying on Saturday.
"The Polish side has declared its readiness to invest in Persian Gulf's Lavan gas field development plan to export the produced LNG gas to Poland," he added.
Zadeh said that the contract will most probably be finalized.
Poland, which depends on Russia for 48 percent of its gas imports, has made diversification of supply a priority.
In recent months, PGNiG signed several deals that could allow it to import gas from countries such as Libya and Denmark.
