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Iran’s telecom minister says Gazprom and Tehran in talks on gas project investments

March 13, 15:42 UTC+3

Iran plans to hold a tender on development of oil and gas fields for international companies in late March

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© Alexei Filippov/TASS

MOSCOW, March 13. /TASS/. Gazprom and Iran are holding talks on investing in the republic’s gas fields, Iran’s Telecom Minister and co-chairman of the Russian-Iranian intergovernmental commission Mahmoud Vaezi told reporters on Monday.

"Russia and Iran made a decision to cooperate on gas and oil. The gas issue is related to investments into certain gas projects. Gazprom is holding talks with Iran in this regard," Vaezi pointed out.

Tehran plans to hold a tender on the development of oil and gas fields for international companies in late March. Twenty-nine foreign companies were qualified to participate in the tender, including Russia’s Gazprom and Lukoil.

The Presidents of Russia and Iran, Vladimir Putin and Hassan Rouhani, will meet at the end of March in Moscow.

"The meeting (of presidents - TASS) will be organized at the end of March in Moscow," he said, adding that preparations for the meeting, including the drafting the agenda, are currently underway."

Kremlin spokesman Dmitry Peskov said earlier that preparations for Rouhani’s visit to Moscow are underway. "Preparations for such contacts are underway, we will make a relevant statement," Peskov said when asked whether the talks are scheduled for March 28.

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