Energy
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Iran, Russia Sign Oil, Gas MoU

Iran and Russia have agreed to collaborate in international energy projects.Iran and Russia have agreed to collaborate in international energy projects.

Iran and Russia signed a memorandum of understanding on expanding cooperation in the oil and gas industry during the 14th session of Iran-Russia Economic Commission held in Moscow on Tuesday.
The MoU was signed in the presence of Iran’s Minister of Economic Affairs and Finance Masoud Karbasian and Russia’s Energy Minister Alexander Novak who co-chaired the event, Shana, the Oil Ministry’s official news agency, reported.
The agreement, which has 38 clauses, urges bilateral negotiations and underlines the two countries’ strategic energy cooperation. 

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