Iran’s Minister of Petroleum Bijan Namdar Zanganeh (file photo)

Tehran-Moscow ready for oil, gas swap

TEHRAN, March 14 (Shana) — Iranian Minister of Petroleum Bijan Zangeneh said Iran and Russia can swap oil and gas.

Following a meeting with Russian Energy Minister Alexander Novak in Tehran, Zangeneh said: “Iran and Russia can have effective cooperation in oil and gas trade and swap.”
“Cooperation with Russia is a sustainable policy in our plans,” said the Iranian official.

He also expressed hope that Russian firms will be developing oil and gas fields in Iran in the near future.

By SHANA