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Energy Relations With Russia Promising, But Inadequate

Energy Relations With Russia Promising, But Inadequate
Energy Relations With Russia Promising, But Inadequate

The oil and gas sectors are among the most lucrative industries for investment in Iran, considering the country’s potential, but pinning all hopes on Russian firms is not a wise policy, a prominent Iranian energy consultant in the UK and Iran said. cooperation
“The National Iranian Oil Company should pursue energy policies in a way that it can attract funds from all over the world, as putting all eggs in one basket is a big risk with irreparable consequences,” Narsi Qorban was also quoted as saying by the Oil Ministry’s news agency.
Referring to a recent MoU signed between NIOC and Russia’s oil and gas giant Gazprom to develop three gas fields and five oilfields shared with Arab neighbors, he expressed hope that executive operations will start soon.
The $40 billion MoU was signed by Mohsen Khojastehmehr, the NIOC chief, and Vitaly Markelov, Gazprom deputy chairman of executive board, in an online meeting last week.

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