News / Energy

Iran, Germany in rare high-level energy talks

Thursday, 07 May 2015 3:13 PM [ Last Update: Thursday, 07 May 2015 4:07 PM ]

This handout photo released by Shana shows Minister of Petroleum Bijan Zangeneh (R) and his deputy Amir Hossein Zamaninia.

Minister of Petroleum Bijan Zangeneh has discussed German investments in Iran’s oil, gas and petrochemical industries.

Zangeneh met German Energy Minister Sigmar Gabriel on Thursday in Berlin where the Iranian minister is to attend the third annual energy security summit.

They discussed the sale and purchase of petrochemicals and investments in Iranian oil and gas projects, through the transfer of technology and engineering contracts, The Wall Street Journal quoted him as saying.

Iran’s ambassador in Berlin, Ali Majedi, said potential sales of aircraft spare parts were also discussed with German officials.

German companies are vying to regain their foothold which they lost in Iran in the wake of a concerted US and European campaign to pressure the country over its nuclear program.

Both sides are currently in talks with the Islamic Republic to reach a final settlement to their disagreements which would remove sanctions on Iran.

“We are trying to prepare the basis for better cooperation when sanctions are lifted,” Zangeneh said, The Journal reported.

The talks mark some of the rarest encounters between high-profile Iranian and European officials in recent years.

Zangeneh is a veteran, influential minister with a portfolio spanning the entire history of the Islamic Republic. Gabriel is also Germany’s vice chancellor and minister for economics in Chancellor Angela Merkel’s government.

HB/HB

Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.co.uk