Talking about the recent visit to Moscow by Iranian petroleum minister and holding talks with Russian energy officials, NIGC’s managing director said that during the visit to Moscow, Iranian oil delegation signed two protocols and one roadmap for the cooperation on energy.
He went on to say that cooperation on gas storage, development of oil and gas fields, construction of reinforcing gas pressures and providing its turbo compressors, building mini LNG units and using new technologies were among the subjects on the agenda.
Noting that the two sides reached a deal on the technical aspect of the aforementioned negotiations, Mr. Oji pointed out that we are waiting for presenting final official prices by Russian companies on the agreed items and after that there is the possibility to sign the related financial protocols.
After a meeting with Iranian petroleum minister in Moscow on Wednesday, Russian energy minister said: “Russian companies are ready to supply fuel to Iran, despite unilateral U.S and EU sanctions targeting Tehran's oil and gas sectors”.
Russian Energy Minister Sergei Shmatko said:” Russian companies are prepared to deliver oil products to Iran. The possibility of delivering oil products to Iran exists, if there is a commercial interest."
Russia has already expressed its dissatisfaction with the sanction measures agreed last month by the United States and the European Union to punish Iran for its defiance in the nuclear standoff.
"Sanctions cannot hinder us," Shmatko said after a meeting in Moscow with Iranian petroleum minister Massoud Mirkazemi.
Iran, which holds around 10 percent of the world's oil reserves, is the world's fourth biggest oil exporter and the second largest producer in the OPEC after Saudi Arabia.