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Gazprom signed a deal in July to help National Iranian Oil Co. develop Iranian projects, but Rystad Energy has warned Russia lacks the required metallurgical supplies.  As a result of sanctions on their energy indsutries, no European or Japanese supplies can provide OCTG or steel goods to Russia or Iran.  The corrosive nature of Iranian oil and gas reserves requires high-grade piping for extraction, which neither Russia or Iran have the capacity or capability to produce in the short term.  With Iran’s offshore gas fields needing relatively high volumes of these super-specialised grades, it is difficult to see how Gazprom can provide any well assistance to develop these fields quickly.

Rystad warns no quick pipe fixes for Iran from Gazprom

Gazprom signed a deal in July to help National Iranian Oil Co. develop Iranian projects, but Rystad Energy has warned Russia lacks the required metallurgical supplies.  As a result of sanctions on their energy indsutries, no European or Japanese supplies can provide OCTG or steel goods to Russia or Iran.  The corrosive nature of Iranian oil and gas reserves requires high-grade piping for extraction, which neither Russia or Iran have the capacity or capability to produce in the short term.  With Iran’s offshore gas fields needing relatively high volumes of these super-specialised grades, it is difficult to see how Gazprom can provide any well assistance to develop these fields quickly.

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