Iran, Russia to sign energy deal: Minister
Iran and Russia will sign MoUs for expanding bilateral trade in oil, gas, petrochemical, and related industries, said Iranian Oil Minister Javad Owji on Wednesday.
Speaking on the sidelines of a cabinet meeting, he said that a high-ranking Russian delegation will attend Iran Oil Show 2023 in Tehran in May to sign agreements, reported Iran Press.
The delegation will be led by Alexander Novak, the former head of Russia’s state energy company Gazprom and the current deputy prime minister of the country.
Novak and Owji serve as co-heads of the Russia-Iran intergovernmental commission.
The Russian delegation traveling to Iran will also feature the Governor of the Bank of Russia Elvira Nabiullina, according to Iranian Deputy Oil Minister for International Affairs Ahmad Assadzadeh.
Iran and Russia have sought to significantly expand their economic and energy ties since early 2022 when Russia came under Western sanctions because of its involvement in the war in Ukraine.
Meanwhile, the Iranian vice president for executive affairs said on Wednesday that three new oil projects will be launched in Khuzestan Province, southwestern Iran.
Mohsen Mansouri told reporters that the project will be opened during the impending trip of President Raeisi to the province.
He said that one of the projects was a refinery with the capacity of producing 360 million cubic feet of natural gas and 41 tons of sulfur in the Hoveyzeh field.