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Gazprom and Iran fund in initial deal

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LNG Industry,

According to the latest report by Reuters, Gazprom has signed an initial agreement with Iranian state-run investment fund IDRO to cooperate in unspecified oil, gas and energy projects.

“The Industrial Development and Renovation Organization of Iran (IDRO) is fully ready to cooperate with Gazprom ... and this memorandum of understanding will help Gazprom take advantage of industrial opportunities in Iran,” IDRO Chairman Mansour Moazzami said.

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