Economy01.11.2022 - 10:48

Iranian authorities reported $4.5 billion worth of investments from Russia in oil and gas projects

Investors from Russia have signed agreements to develop oil and gas fields in Iran worth $4.5 billion.

Фото: from open sources

Investors from Russia will allocate about $4.5 billion for the development of oil and gas fields in Iran, the statement was made by Javad Ouji, Minister of Oil of the Republic of Iran, reports Shana.

According to him, some of the projects have already been implemented under the concluded contracts. The share of these projects is 7 - 35%, the minister explained.

He said Iran now has a good opportunity to realize projects in energy, transport, economy and industry. According to him, Russian-Iranian cooperation in the banking sphere is most important now.

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