Energy
0

Tehran, Moscow Upbeat About Future Oil, Gas Cooperation

Iran and Russia share the same stance regarding OPEC+ policies to boost output to balance the market, amid forecasts of softening demand in the first quarter of 2022
Tehran, Moscow Upbeat About Future Oil, Gas Cooperation
Tehran, Moscow Upbeat About Future Oil, Gas Cooperation

Tehran is ready to expand cooperation with Russian firms in the fields of oil and natural gas, as energy contracts are expected to be signed soon.
Iran’s Oil Minister Javad Owji made the statement in his meeting with Russia’s Deputy Prime Minister Alexander Novak in Moscow late Tuesday, ILNA reported.
"We explored ways of collaborating with Russian companies and important decisions were made, which can positively affect energy markets in the region," Owji said, noting that talks were held about developing oil and gas fields in Iran, investing in liquefied natural gas projects and transferring knowledge to petrochemical sector.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com