The Iranian side plans to implement a gas export project with Russia to Oman and Pakistan, Oil Minister of Iran Javad Owji announced on Wednesday.
"Taking into account the negotiations with the Gazprom Russian state corporation and the memorandum concluded with it, it has been decided <...> to jointly [with Russia] implement a project to supply gas to Oman and Pakistan," the Tasnim news agency quoted him as saying.
According to the minister, "talks on oil field development, implementation of liquefied gas projects, swap supplies of gas and oil products, joint sales of crude oil and gas exports are being held with the Russian side." "I am confident that with the will and capabilities of Iran and Russia, which are the world's energy giants, we can do a lot for the benefit of our countries," he added.
On July 19, the National Iranian Oil Company (NIOC) and Gazprom signed a memorandum of strategic cooperation in Tehran. The agreement envisages investments in Iran's upstream sector totaling about $40 billion.
GSV "Russia - Islamic World"
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Based on materials from TASS