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Energy Economy

Monday
28 Dec 2020

Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector

28 Dec 2020  by Galia   
Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry, Iran's Press TV reported on Tuesday.

"We welcome the investment of Russian companies in the required sectors of the oil industry" in Iran, Zanganeh was quoted as saying.

"We see Russia as a strategic partner and this partnership will not change with the warm and cold atmosphere in the international arena," he made the remarks at a meeting with Russia's Deputy Prime Minister Alexander Novak and Russian Energy Minister Nikolai Shulginov in Moscow on Monday.

Tehran and Moscow will increase cooperation in the energy sector to offset the impact of sanctions, said Zanganeh.

Iran's Ministry of Petroleum has "good cooperation" with Russian companies, he said, adding that this cooperation in the field of oil, gas and manufacturing of equipment will continue.

This article is reproduced at obor.nea.gov.cn 

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