Iran and Norway to boost ties in oil and gas sector

Dec 10, 2002 01:00 AM

Iran and Norway will boost ties in the oil and gas sector. The decision was made at a meeting between Head of Statoil Olav Fjell and Oil Minister Bijan Namdar Zanganeh. Fjell said Statoil is ready to boost technical cooperation in South Pars Gas Field.
He also presented a report on the Statoil activities on exploration projects in Iran and called for the two sides to continue cooperation in oil and gas sector.

Zanganeh also expressed satisfaction on the bilateral ties and stressed on employing new technologies in various fields in the oil and gas sectors.
Fjell is in Tehran to attend a two-day international conference on oil, gas and globalisation. Experts from different countries expounded on the various aspects of the issues and traced their preferred guidelines for the prospect of the industry in the increasingly intertwined global context.

The meeting, titled “Impact of globalisation on Middle East oil and gas industry” was inaugurated by Iran's Oil Minister, Bijan Zanganeh. Fjell, addressing the audience said, "Management of oil and gas industries in a constantly changing world is becoming ever more challenging. However, the global economy is still expected to grow in the medium to long-term, while incomes will increase and the supply of energy will always respond to people's demand positively," he added.

Source: IranMania News
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