The two sides met on the sidelines of a visit to Moscow by an Iranian delegation to the 21st World Petroleum Congress in June.
During the meeting, they discussed further cooperation on investment and implementation of infrastructural projects in gas industry and the Russian companies agreed to build gas pipelines for Iran.
The Russian side also expressed willingness to participate in implementation of big projects in Iran, Araqi said.
He also said that the Russian companies are scheduled to send their representatives to Iran for further talks and visiting the projects.
Araqi said that Iran and Russia, as two big natural gas producers in the world, are determined to boost their cooperation.
Iranian Petroleum Minister Bijan Namdar Zangeneh last year called for new conditions to be introduced for oil contracts in order to be able to attract potential foreign investors to participate in Iran’s oil industry.
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