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Russian, Iranian presidents to discuss broader cooperation between two countries

March 28, 8:44 UTC+3 MOSCOW
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MOSCOW, Moscow 28. /TASS/. Russian President Vladimir Putin holds talks with Iranian President Hasan Rouhani in Moscow on Tuesday.

The Kremlin press service said the two presidents hope to consider the entire spectrum of Russian-Iranian cooperation.

"Special attention will be given to the promulgation of trade and investment, particularly in the context of large joint projects in the energy sector and transport infrastructures," it said.

Putin and Rouhani are expected to sign a package of bilateral documents. The Iranian side said earlier they concern telecommunications, technologies, energy, roads, urban development, standardizing, and sports.

Ministers of foreign affairs, oil, industries, trade, information and communication technologies, the president of the Central Bank, and a group of business executives are accompanying Rouhani on the trip to Moscow.

On the eve of the visit to Moscow, Rouhani mentioned an impressive potential for Russian investors in the country’s energy sector. "A number of oil and gas deposits have been offered to Russian companies," he said in a statement for the media.

Earlier reports said Iran planned to put up 52 hydrocarbon deposits for a bidding contest for international companies. The number included 29 oilfields and 23 natural gas deposits.

Reports named South Azadegan, Shangule, Ab-Teimour, Aban, Peidar, Chemshe Hosh, and Dehloran.

Also, the Iranian authorities put up eighteen exploration blocks for the bidding. The list of foreign companies qualified for the bidding contains 29 names, including the Russian gas giant Gazprom and the oil industry major Lukoil.

The Russian Ambassador in Teheran, Levan Djagarian told TASS in a recent interview other promising projects in the energy sector existed, too. For instance, construction of two power generating units at a thermal power plant in the Iranian province of Hormozgan is to begin soon.

Djagarian said he hoped the necessary funds of 1.2 billion would be allocated in the form of an export loan within the next few months.

He said the situation was the same with Russia’s loan of 1.0 billion euro for adaption of a railway between the stations of Garmsar and Inche Burun to electric traction.

All the financial formalities have been settled and only the solution of technical issues remains, Djagarian said.

Russia helped Iran build power unit No. 1 at the Busher nuclear plant, and the ceremony of laying down power units No. 2 and No. 3 of the same plant took place in 2016.

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