Iran reaches agreements with Russia on energy hub

Iran and Russia have reached certain agreements on the creation of an energy hub, negotiations on this issue are ongoing, Iranian Deputy Oil Minister and General Director of the National Iranian Gas Company Majid Chegeni said, Report informs referring to TASS.

“The Russian proposal is to create an energy hub between Iran and Russia, agreements have been reached in this regard, expert assessments and negotiations are ongoing,” he noted.

Chegeni added that in the field of gas trade, Iran has held talks with Oman, Russia and Pakistan. He said that European countries are also applying for the purchase of Iranian gas.