Iran negotiates oil, gas cooperation with Russian companies![]() September 3, 2012 - 14:34 AMT PanARMENIAN.Net - Tehran is holding negotiations with Russian companies about cooperation in the oil and gas sector, Iran’s Petroleum Minister Rostam Qasemi said, according to RIA Novosti. There are no immediate plans for joint projects in the country, however, he added. “We would be happy if Russia…expresses readiness for cooperation in the oil and gas sector,” he said. “We hope to achieve a positive result.” “We [would] welcome cooperation with Russian companies if they are ready to invest in Iran’s oil and gas sector and develop oil and gas deposits,” he said. “However, at present we do not have any joint projects.” According to Iran’s Petroleum Ministry, the Islamic Republic currently produces 4 million barrels of crude per day, half of which is exported. The United States, Israel and a number of Western European countries suspect Iran of running a nuclear weapons program under the guise of a civil nuclear project. Iran denies this and maintains its nuclear ambitions are purely peaceful. Iran is the subject of a raft of sanctions by the U.S. and the European Union. Partner news “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann. Partner news |