Source Pravda.Ru

Russia and Iran to cooperate in fuel and energy sector

An Iranian-Russian task force will be in charge of negotiations on the possible participation of Russian enterprises in joint projects in the fuel and energy sector, the press service of the Russian Energy Ministry told RBC. An agreement on the creation of this group was achieved at a meeting of Russian Energy Minister Igor Yusufov and Mohammad Froozandeh, the Chairman of the Mostazafan Foundation, today. Froozandeh declared the foundation was ready for active collaboration with Russian enterprises. In particular, he mentioned concrete proposals concerning participation of Russian companies in the foundation's large projects aimed at constructing electrical power stations, modernizing thermoelectric power plants, conducting drilling activities on oil and gas fields and supplies of Russian oil and oil products to Iranian northern regions.