“Iran and Russia will continue to cooperate in the peaceful use of nuclear energy and the construction of new nuclear energy facilities and the completion of phases 2 and 3 of the Bussir Power Plant using Moscow’s credit line,” Paknejad said at the closing ceremony of Iran-Russia’s 18th Joint Economic Cooperation Committee in the capital on Friday.
The Minister also announced an agreement between the two parties to strengthen cooperation in the upstream sector of the oil industry and the development of oil and gas fields.
“Tehran and Moscow are looking to accelerate the implementation and finalization of the memorandum of cooperation with Russia’s Gazprom,” says Paknejad, calling for greater cooperation in the petrochemical industry, exchange petroleum products and constructive interactions with petroleum companies under existing contracts.
Referring to the transport of Russian gas and Iran becoming the regional gas hub, the minister said, “One of the regions of interest to both sides in the first phase is the import of gas from Russia, and trade through gas exchange or transportation to other countries in the second phase.”
Paknejad said, “There has been a large-scale negotiation on this point, with only one or two remaining issues, and details will be announced after the gas import volume is confirmed in the first phase.”
Referring to the heartfelt discussions held between Iran and Russia, the Minister expressed his hope that through the joint efforts of Iran and Russia’s representatives, the meeting of the 18th Committee will help eliminate structural constraints and existing challenges, giving them high potential to fit the two major countries appropriate, and eliminating existing challenges.
“Multilateral cooperation between Iran and Russia has led to the provision of common interests, peace, stability and international security through membership in Shanghai Cooperation Agency, BRICS, the Forum of Gas Exporting Countries, and OPEC+.
He emphasized that Iran and Russia’s relations are extremely important in the international sector, adding, “In the field of global diplomacy, the relations between Tehran and Moscow are noteworthy.”
The Russian state communications agency RIA reported on Monday that Russian President Vladimir Putin had signed a bill in January to ratify the strategic partnership agreement engraved with Iran.
The bill was approved earlier this month by Dumas, a Russian province.
The agreement signed by President Putin and Iranian President Masuud Pezeshkian has a 20-year period and establishes a legal framework for long-term cooperation in a variety of areas, including defense, energy, industry, agriculture, finance, transportation, science, culture and technology.
MP/