"Oil and gas cooperation withvarious companies is progressing. After the lifting ofsanctions [against Iran], there are good possibilities forLUKoil and Iranian companies tosign a cooperation agreement," Vaezi, who also co-chairs the Russian-Iranian intergovernmental commission, told RIA Novosti.
Earlier, Russian Energy Minister Alexander Novak said that almost all Russian oil and gas companies are interested inexploration and production projects inIran, aswell asin projects inthe field ofrefining.