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Iran predicts good news on energy cooperation with Russia

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
Iran's Oil Minister Javad Owji (C) speaks to reporters in Tehran, on January 15, 2022. (Photo by Shana news agency)

Iran's Oil Minister Javad Owji has predicted that there will be good news related to cooperation with Russia in the energy sector as the Islamic Republic pursues a policy of neutralizing illegal US sanctions through enhancing ties with friendly countries.

“In the energy sector, we are holding negotiations with the Russian side, and we will announce [their results] whenever the talks are concluded. I think there will be good news in the energy cooperation between Iran and Russia,” he told reporters on Saturday.

Asked about the 25-year comprehensive strategic partnership agreement between Iran and China, Owji said that under the bilateral deal, accords must be signed in different fields, among them the oil and gas sector, and that their news will be transmitted accordingly.

Last week, "good agreements" were inked on the export of technical and engineering services as well as petroleum products and crude oil to Turkmenistan, the minister said, expressing hope that those pacts will be implemented soon.

Regarding the expiry of a contract for Iranian gas export to Turkey in 2026, Owji said a delegation from BOTAŞ Petroleum Pipeline Corporation, the state-owned crude oil and natural gas pipelines and trading company in Turkey, will hold talks with a delegation from the National Iranian Gas Company this week.

He also noted that discussions are underway about the export of gas to Oman and provide supplies required by the country’s Liquefied Natural Gas (LNG) unit.

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