(IRNA) - Iran and Turkey have agreed to jointly invest in refineries, petrochemicals and CNG and are to sign a memorandum of understanding in the near future on their plan to invest in these areas, Iranian Oil Minister Kazem Vaziri Hamaneh said here Wednesday.
Vaziri Hamaneh made the remarks while speaking to reporters at Imam Khomeini International Airport (IKIA) upon his arrival from an official visit to Turkey, reports Trend.
He said his visit was aimed at bolstering bilateral cooperation in various fields of energy, including the manufacture of petrochemicals, and to discuss the subject of export of Iranian gas to Europe via Turkey.
"Turkey has expressed a desire to avail of Iran's experiences in the field of CNG exploitation and will dispatch a working group to Tehran to discuss the subject," he said.
He said that he also discussed with Turkish officials the subject of export of Iranian gas to Europe via Turkey.
"Iran is expected to supply 30-50 percent of the total 90 million cubic meters of gas demanded by Europe," Vaziri Hamaneh said.
He further stated that the possibility of construction of a new gas pipeline to Europe was also discussed.
Asked to comment on the reported rationing of gasoline, he said a bill for importation of gasoline has still to be passed and for the time being rationing would have to be put off.