Iran’s Oil Minister Bijan Namdar Zanganeh says Iran is ready to supply oil products to Senegal as Tehran eyes foothold in the African market.
“Iran can be a good supplier of oil products to Senegal and its own neighboring countries,” Zanganeh said in a meeting with visiting Senegalese Foreign Minister Mankeur Ndiaye in Tehran Saturday night.

He added that Iran can also help renovate oil treatment facilities in Senegal.

Zanganeh said Iran is also willing to develop long-term cooperation in oil, gas and petrochemical production and refining with Senegal.

He expressed hope that the two countries would broaden energy cooperation in the near future.

For his part, Ndiaye said his country is interested in benefiting from Iran’s assistance in the construction of refineries, natural gas storage and sulfur supply to its chemical plants.

Iran sits atop the world’s largest gas and third largest oil reserves.

In 2011, Iran’s export to Africa including Senegal stood at some three billion and 900 million dollars.

Experts predict 5% economic growth for the African continent; therefore abundant grounds for cooperation between Iran and Africa provide an opportunity for investors to experience an atmosphere based on sincerity and mutual respect.

In a separate meeting with Iran’s First Vice President Es’haq Jahangiri, Ndiaye said Tehran and Dakar have very good prospects for enhanced relations and expressed hope that his visit to Iran would open a new chapter in mutual ties.

Iran and Senegal can increase the level of cooperation in various fields such as oil, gas and electricity sectors, he added.

By Press TV

 

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