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Iran to present conditions of oil and gas contracts for Russian companies

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Iran to present conditions of oil and gas contracts for Russian companies

On March 27, 2017, Iranian delegation plans to arrive in Russia, in order to present the conditions of oil and gas contracts for Russian companies, Energy Minister of Russia, Alexander Novak, told reporters following the negotiations with Oil Minister of Iran, Bijan Zanganeh.

According to Bijan Zanganeh, this move is intended to facilitate the process.

The presentation is planned to be held in Moscow, however, as the Energy Ministry of Russia told TAS news agency, this issue is still being worked over.

The Energy Minister of Russia said that the matter of participation of Russian companies in oil and gas projects on the territory of Iran is “progressing quite positively”.

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