MOSCOW, October 26. /TASS/. The development of the Iranian energy cooperation with Russia and other members of the Gas Exporting Countries Forum provides for stronger energy security, expansion of investment possibilities and diversification of supply routes, Iranian Foreign Minister Abbas Araghchi was quoted as saying in an article published by Russia’s Vedomosti daily.
"Enhanced cooperation among members of the Forum of Gas Exporting Countries and the further development of strategic relations between Iran and Russia paves ways for important opportunities to up joint investments, transfer technologies, develop infrastructure and increase natural gas supply capacity, which, in turn, will enhance energy security in the region and across the world," he noted.
Among the most important areas of cooperation between Moscow and Tehran, Araghchi named possible investments by Russian companies in the development of Iran’s oil and gas fields, the transfer of technology, the supply of equipment and the use of joint technical and engineering capabilities.
According to him, such cooperation might help to increase the production output volumes and reduce the consequences caused by unilateral coercive measures.