Rosneft Chief Executive Igor Sechin met Iranian Minister of Petroleum Bijan Zangeneh in Tehran Tuesday and announced the company’s readiness for investment in Iran’s oil projects, the Shana news agency said.
No further details were given about the content of the negotiations.
Sechin’s visit to Tehran is the second by Rosneft executives in less than a month. Representatives of the company visited Iran last month to discuss swap of oil, gas and oil products.
The arrangement would include Iran taking delivery of Russian oil, gas and their derivatives in the Caspian Sea for use in its northern provinces and deliver products in kind to Russia’s customers in the Persian Gulf.
Shana said Rosneft is also interested in developing the Changuleh oilfield in western Iran in cooperation with other Russian state-owned oil company Zarubezhneft and its second oil producer Lukoil.
