Iran and Russia reached new agreements on expanding energy investments Tehran, October 28, IRNA - Iran and Russia reached agreements in principle to increase the scope of Russian investments in the implementation of large-scale projects in the Islamic Republic's oil and gas sector, as well as to expand the mutual exchange of energy resources. This was announced by Iran's Acting Oil Minister Hamid Bord in an exclusive interview with IRNA after his working visit to Moscow. The head of the Iranian delegation summarized the results of the negotiations in the Kremlin between the presidents of the two countries and his bilateral meeting with the Minister of Energy of the Russian Federation. According to Burda, the parties successfully eliminated existing administrative and technical obstacles in joint projects.
Regarding the implementation of the agreement on the transit of Russian gas, Bord reported the results of a tripartite meeting with the participation of the energy ministers of Iran, Russia and Azerbaijan, and clarified that a technical assessment of the use of the existing unified pipeline network will be completed in the coming weeks.
Hamid Burd emphasized that despite the consequences of the enemy's aggression and the attempts to damage the infrastructure, Iran's energy diplomacy is developing as actively and dynamically as possible.
During their stay in Moscow, the Iranian side also held a series of intensive bilateral and trilateral consultations with the heads of the energy ministries of Qatar, Libya, Senegal, and Venezuela and the management of Gazprom PJSC.