Iranian President Hassan Rouhani said on Monday that Tehran welcomed Russian investment in its gas and oil fields, signalling major developments in energy cooperation between the two countries.

“There is a huge potential for Russian investment in Iran's energy sector,” Rouhani told reporters at Mehrabad airport in Tehran before departing for Moscow.

“Some oil and gas fields have been suggested to Russian companies... We will see a big development in energy cooperation,” he said in a news conference broadcast live on state television.

Opinion

Editorial

Stalled talks
Updated 25 Jan, 2025

Stalled talks

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Bureaucratic approach
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Bureaucratic approach

WHEN bureaucrats fancy themselves as scholars, universities suffer. It’s a pity this is a lesson the Sindh...
West Bank’s turn
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West Bank’s turn

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Digital dragnet
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Digital dragnet

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USC closure
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USC closure

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Hindu exodus
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Hindu exodus

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