High-Level Meeting Between Russia and Iran

In a significant development for global energy markets, Russian Deputy Prime Minister Alexander Novak met with Iranian Petroleum Minister Mohsen Paknejad. The discussions centered around enhancing cooperation in the energy sector, with a focus on key infrastructure projects.

OPEC+ and GECF: Platforms for Collaboration

The officials highlighted the successful interaction between their countries within the OPEC+ deal framework and the Gas Exporting Countries Forum (GECF). This collaboration underscores the strategic partnership between Russia and Iran in stabilizing global energy markets.

Expanding Trade and Economic Ties

Novak expressed Russia's readiness to facilitate the expansion of trade and economic relations between the Eurasian Economic Union (EAEU) and Iran. Both parties are committed to advancing joint projects, including the creation of new land gas corridors to connect the two nations.