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Rosneft interested participate in Iran's oil, gas plans

Business Materials 17 April 2016 13:05 (UTC +04:00)
Russian Energy Minister Alexander Novak announced that Russian Rosneft Company is interested to participate in Iran oil and gas plans.
Rosneft interested participate in Iran's oil, gas plans

Russian Energy Minister Alexander Novak announced that Russian Rosneft Company is interested to participate in Iran oil and gas plans, IRNA reported.

Rosneft is the leader of Russia's petroleum industry and the world's largest publicly traded petroleum company.

Novak said that Iran should announce its conditions for foreign companies' participation in Iran oil and gas contracts.

Before anti-Iran sanctions imposed on Iran, some Russian oil and gas companies like Lukoil and Gazprom had been active in Iran's Oil and gas fields' plans since 2010.

During sanction era, under the pressure of West and the U.S. Russian companies had to suspend their participation.

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