Tehran, Moscow ink energy coop. roadmap

News ID: 3995903 -
TEHRAN, Jun. 04 (MNA) – A roadmap for cooperation between Iran and Russia was inked on Friday June 02 in St. Petersburg.

The document was signed by Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia and Russia’s Deputy Minister of Energy Molodtsov Kirill.

The roadmap of cooperation between Iran and Russia has been defined on the basis of high-level cooperation between the two countries and with an emphasis on productive activities of Iranian and Russian working groups in the energy sector. Active engagement of Iranian and Russian companies for expansion of commercial collaboration with a medium-term outlook has been included in the document.

Senior officials of Iran’s Oil Ministry, National Iranian Gas Company, National Iranian Oil Company, Ministry of Energy and the company responsible for Management of Generation, Transmission and Distribution of Electric Power in Iran (Tavanir) alongside large Russian firms actively participated in Iran-Russia Working Group and investigate venues for cooperation.

The second meeting of Iran-Russia Working Group in oil and gas, petrochemicals, electricity and water sector was held on June 01-02 in time with 21st St. Petersburg International Economic Forum (SPIEF). SPIEF, which is held annually, marks one of the world's largest economic conferences which deals with economic and business issues.

Over the past decade, the conference has turned into a leading international scene to discuss key economic issues faced by Russia and the world economy and has managed to attract over 10 thousand international and Russian companies, including world economic powers, universities, the media and civil societies. The St. Petersburg forum was held in 1997 for the first time and since 2006, it has been convened under the supervision of Vladimir Putin, President of the Russian Federation.

Dynamics of the global economy, issues of the Russian economy, focusing on human factors and obstacles to emergence of technology-oriented forums have been major axis of expert meetings of the conference.

Iran’s Zamaninia, who was in St. Petersburg to attend the second Iranian-Russian Working Group, took part at the special roundtable of the SPIEF 2017 at the invitation of the Russian side and, in addition to negotiating with credible Russian companies, presented current opportunities and benefits of investment in Iran.

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