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Shanghai Zonders Affiliate joins the Iran-China Strategic Partnership and got the FIPPA Investment LicenseOct 10, 2019 12:05
Zonders Company is an active participant in the oil and gas market and, in order to ensure a consistently high income for the company and investors, is interested in the most promising investment projects.
In late August, Iranian Foreign Minister Mohammad Javad Zarif visited his Chinese counterpart Wang Yi and presented a roadmap to an agreement on a 25-year strategic partnership between Iran and China.
Over the next 5 years, China will invest $ 280 billion in Iran’s oil and gas complex, and it will purchase the resulting millions of barrels of oil and billions of cubic meters of gas at discounts without regard to US sanctions.
Chinese companies will receive a guaranteed discount on raw materials and even compensation for risks from Tehran. Thus, the total discount from world prices can reach 32%.
We are pleased to announce that the team of our Shanghai branch joined the strategic partnership between Iran and China and, having successfully completed the registration process at the Organization for Investment, Economic and Technical Assistance of Iran (O.I.E.T.A.I), received the FIPPA Investment License.
At the first stage, Zonders Company will direct investments in the construction of liquefied natural gas (LNG) export facilities in Iran. Also, as a partner, Shanghai Zonders Affiliate will supply natural gas to China.
According to our estimates, such a partnership will bring significant additional profit in the coming months due to discounts on raw materials and will ensure a stable high income and a strong position of the company in the long term.
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