Iran, Gazprom to Join Forces in Natural Gas Industry

MOSCOW. July 13 (Interfax) – Iran and Russian natural gas monopoly Gazprom (RTS: GAZP) will join forces to organize the next meeting of the Gas Exporting Countries Forum, Iranian President Mahmoud Ahmadinejad and Gazprom chief executive Alexei Miller promised at a meeting in Tehran.

“Approving the world gas balance was named as one of the main tasks for the Forum. The need was stressed to further develop the Forum as a standing international organization,” Gazprom said in a press release posted on its website.

“The two sides exchanged opinions on the possibility of stepping up mutually beneficial long-term partnership between Gazprom and Iran,” the release said.

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