Russia, Iran to sign energy ""road map""

July 14, 2010 - 0:0

MOSCOW (Reuters) - Russia said on Tuesday it planned to sign a road map to outline future energy cooperation with Iran.

Russian oil and gas majors Gazprom, Gazprom Neft and LUKOIL, have signed billions of dollars worth of deals to help Iran develop its oil and gas fields but most projects are on holding because of sanctions.
The document will be signed on Wednesday when Iranian Oil Minister Massoud Mirkazemi meets his Russian counterpart Sergei Shmatko in Moscow, the oil ministry said without providing details.
""The ministers will discuss the current situation in Russia-Iranian energy cooperation and will outline prospects for future cooperation,"" the statement said.
""The ministries will study issues linked to the creation of favorable conditions to intensify and make cooperation in the energy sphere between Iran and Russia more concrete,"" it added.