Energy min. arrives in Moscow to meet with Russian counterpart

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Wednesday, November 28, 2018
Ardakanian has arrived in the Russian to visit his counterpart and other Russian officials.

Ardakanian, as the Iranian co-chair of Russian-Iranian cooperation commission, is set to hold talks with his Russian counterpart Alexander Novak to follow up the agreements made during the 14th meeting of the commission, and make required preparations for its next meeting in Tehran.

The Iranian minister, accompanied by a ten-member delegation comprising government officials and representatives from the private sector, is also scheduled to attend a press conference with Russian media in the afternoon.

During the 14th meeting of the commission, which was held in Moscow in March, the two sides signed 14 Memoranda of Understanding (MoUs) on cooperation in the fields of electricity, nuclear energy, transportation, industry, trade, customs, and banking transactions.

Accordingly, an MoU was signed between the working groups of the Russian Ministry of Energy and the Iran’s Oil Ministry for cooperation on the India-Iran-Pakistan gas pipeline, an MoU on geology cooperation, an MoU on financing and investment in Iran’s mines and industries, as well as an MoU on joint research and development on underground resources and Caspian seabed.

The two sides also inked an agreement on joint investment in thermal power plans, an MoU on cultural cooperation, transportation, as well as a trilateral agreement between Iran, Russia and Kazakhstan on transit and wheat swap.

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