Iran Interested in Investments by Russian Oil Firms: Oil Minister
TEHRAN (Tasnim) – Iranian Oil Minister Bijan Zanganeh said the country is interested in investments by Russian oil companies.
Zanganeh made the remarks after his meeting with Russian Deputy Prime Alexander Novak and Energy Minister Nikolai Shulginov in Moscow on Monday.
He also said Iran and Russia have agreed to increase their cooperation in the energy sphere to offset the impact of sanctions, TASS reported.
“We discussed the issues related to stabilizing the global oil market in the meeting. Russia has played a decisive role in stabilizing the global oil market over the years, and we talked with each other in the framework of OPEC Plus, given the serious cooperation in OPEC”.
After the meeting, Novak in a statement said, "A broad range of trade and economic cooperation matters is also successfully explored between our countries. Although this year has become a tough challenge for the whole global community, economic relations between Russia and Iran do not lose prior dynamics but become more active and meaningful instead”.
