TEHRAN – An Iranian delegation is due to leave Tehran for Moscow in coming days (up to Friday, June 2) to attend the second round of Iran-Russia Joint Energy Committee meeting to be hosted by Russia, Shana reported on Monday.

The first Iran-Russia Joint Energy Committee meeting was held in December 2016 in Tehran.

Representatives of giant Russian oil and gas companies like Gazprom, Rosneft, Zarubezhneft and Lukoil attended the event which was co-chaired by Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia and Russian Deputy Minister of Energy Molodtsov Kirill.

Following up on the Tehran meeting’s reached agreements and discussing the contribution of Russian oil companies in Iran’s oil and gas projects are the main subjects of the upcoming event.

Last week a Russian delegation headed by Deputy Energy Minister Yury Sentyurin visited Tehran and held talks with Zamaninia and a number of Iranian oil officials.

Four Russian companies namely Gazprom, Lukoil, Zarubezhneft and Tatneft have signed memorandums of understanding (MOUs) with Iran to study eight oilfields in the country.

Russian companies have the greatest share of MOUs signed with Iran to study oilfields.

During the first joint committee meeting Zamaninia asserted that oil and gas investment capacity between Iran and Russia could reach $10 billion.

EF/MA