Nicaragua, Iran Set to Expand Energy Partnership

Date: 04 July 2026 - 22:54

News ID: ۱۵۱۵۱۹

TEHRAN — Iran and Nicaragua reaffirmed their commitment to expanding bilateral cooperation in the oil and energy sectors during a meeting between Iran’s oil minister and Nicaragua’s foreign minister.
Iranian Petroleum Minister Mohsen Paknejad met Saturday with Nicaraguan Foreign Minister Valdrack Ludwing Jaentschke Whitaker, who is in Tehran representing his government at ceremonies honoring the martyred leader of Iran’s Islamic Revolution.
During the meeting, the two sides emphasized the importance of strengthening cooperation across a range of economic sectors, with particular focus on oil and energy.
Paknejad expressed appreciation for the attendance of the Nicaraguan delegation at the memorial ceremonies and paid tribute to the martyred leader, describing him as an exceptional figure who remained steadfast against what he called pressures imposed by global powers until the end of his life.
He said the late leader was admired not only by Muslims around the world but also by freedom-seeking non-Muslims.
The Iranian oil minister also highlighted what he described as significant investment opportunities in Iran, particularly in the energy sector. Referring to the close ties between Tehran and Managua on the international stage, Paknejad said the friendly relationship between the two countries provides a strong foundation for expanding bilateral cooperation.