Iran Economy NewsRussia, Iran sign energy cooperation pact

Russia, Iran sign energy cooperation pact

-

Reuters: The Russian and Iranian energy ministries signed a “road map” on Wednesday outlining long-term energy cooperation and said they would aim to set up a joint bank to help fund bilateral projects.

MOSCOW July 14 (Reuters) – The Russian and Iranian energy ministries signed a “road map” on Wednesday outlining long-term energy cooperation and said they would aim to set up a joint bank to help fund bilateral projects.

The text of the pact said the two countries would aim to increase cooperation in transit, swaps and marketing of natural gas as well as sales of petroleum products and petrochemicals.

(Reporting by Jessica Bachman, writing by Dmitry Zhdannikov; editing by Melissa Akin)

Latest news

 Statistics show that New Year accidents’ deaths in Iran reached 585

Ahmad Shirani, the head of the Information and Traffic Control Center of the Iranian regime’s police, announced that the...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

Iranian Nurses Earn Twice Their Wages in Ride-Hailing Services

Reza Aryanpour, a member of the regime’s Majlis (parliament) Health and Treatment Commission, highlighted the growing trend of nurses...

Iran: Unprecedented Record of 152 Million Liters of Gasoline Consumption Per Day

On March 19, Iran set a new historical record in gasoline consumption with 152 million liters consumed in one...

Must read

Dozens Arrested in Iran for Attending Mixed-Gender Parties

Iran Focus London, 7 Mar - Dozens more young people...

Background on man vying to become Iran’s new Interior Minister

Iran Focus: Tehran, Iran, Jul. 30 - Iran's hard-line...

You might also likeRELATED
Recommended to you