28 Mar 2024
Wednesday 14 May 2014 - 13:43
Story Code : 95795

Iran, Russia resolved to strengthen energy cooperation

Iran, Russia resolved to strengthen energy cooperation
TEHRAN (FNA)- Iran and Russia as two main suppliers of energy worldwide have recently agreed to share their experiences to pave the ground for utilizing each and every capacity and potential of their countries to expand cooperation in various energy sectors.


Speaking in a meeting with Russian Energy Minister Alexander Novak in Moscow, Irans Ambassador to Russia Mehdi Sanayee described the current year as an important opportunity for consolidating energy cooperation with Russia, and said that if Tehran and Moscow implement their agreements on various arenas of oil, gas and energy, other economic sectors would also gain momentum.

The two sides discussed the contents of the upcoming meeting of energy ministers of the International Energy Forum (IEF) slated for May 15-16 in Moscow.

Sanayee further voiced Irans willingness to cooperate with Russia in the field of building steam power plants and renovating the country's Power Plants.

Novak, for his part, pointed to President Vladimir Putins resolve for the implementation of agreements signed by the two countries presidents and said that Russian Energy Ministry has taken necessary measures and is engaged in drafting memorandum of understanding (MoU) for the 11th meeting of the two countries joint economic cooperation scheduled to be held in Tehran.

The political situation in Iran is moving in such a way as to facilitate economic and trade ties with foreign countries, specially the friendly country of Russia.

Iran-Russia trade currently totals $5bln a year, but economists say they can at least quadruple the volume of their trade exchanges.

In March, Iranian Oil Minister Bijan Namdar Zanganeh announced that Tehran and Moscow are due to finalize an agreement on broader economic and trade cooperation.

The Iranian oil minister underlined that Iran is determined to raise the volume of its economic transactions with Russia within the framework of long-term deals.

By Fars News Agency

 

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