MOSCOW (Reuters) - Moscow and Tehran have been discussing joint development of Caspian Sea hydrocarbon projects, Russian Energy Minister Alexander Novak was quoted as saying by Russian news agencies on Tuesday.
Novak has been on a two-day visit to Iran. On Monday, Iran and Russia signed a memorandum of understanding over cooperation in the energy sector, the Iranian oil ministry’s Shana news agency reported. The preliminary agreement covering oil, gas, petrochemicals, electricity and nuclear power was signed in Tehran by Iran’s deputy oil minister, Amir Hussein Zamaninia, and his Russian counterpart.