Iran's Rouhani signals expansion in energy cooperation with Russia

E-Paper | March 17, 2026

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.

World

‘When you burn our hearts, you do not stop us’: Iranian families weep as war dead are buried in Tehran cemetery

Middle East oil benchmarks hit record highs as war cuts supply

Hamas holds talks with Trump-led board as Iran war strains Gaza plan: sources

KHALID YOUSAFZAI (UK)

Mar 27, 2017 03:00pm

fantastic for Asia. West must accept to leave the Asian Affairs. We must have best and strong neighbours than to have strong enemies.

Recommend 0

M.Saeed

Mar 27, 2017 03:06pm

But, oil is already on a fast downhill as a source of energy for the future?

Recommend 0

Saif Zulfiqar

Mar 27, 2017 03:47pm

@M.Saeed, Iran is thinking about today not about next century. This is the right step for Iran.

Recommend 0

Ths

Mar 27, 2017 04:01pm

Russian involvement in Irans oil and gas will keep US ambitions out.

Recommend 0

Ths

Mar 27, 2017 04:06pm

US have Saudi oil and invaded Iraq and Libya along with Afghanistan and the Saudis and Israel have been longing for Iran to not develop in any ways ,

Recommend 0

Ths

Mar 27, 2017 04:03pm

Iran will be protected by Russia and China .

Recommend 0

Ths

Mar 27, 2017 04:08pm

Russia and Iran alongside China will build their economies sanction proof.

Recommend 0

Ths

Mar 27, 2017 04:11pm

Russia should have presence in Gulf through Iran .

Recommend 0

Ths

Mar 27, 2017 04:06pm

Russia and Iran along with China will force US out of region.

Recommend 0

Alba

Mar 27, 2017 05:34pm

“There is a huge potential for Russian investment in Iran's energy sector, Rouhani told reporters.” _ Yes. Because Iran does not have Russia's oil field technologies and drilling equipment, they need help. Iran's oil industry has the potential to be much larger. Just as Pakistan needs mining technology and equipment. The Colorado School of Mines was established in 1857. Technology does not come out of thin air.

Recommend 0

Alba

Mar 27, 2017 05:43pm

@ Ths ... You are like a fly buzzing around. Iran would never ask America for help. Historically Iran's oil industry has nothing to do with America. The British established the Anglo-Iranian Oil company in 1901. Standard Oil did not get to Saudi Arabia to explore for oil until 1926.

Recommend 0

Alba

Mar 27, 2017 05:44pm

@ Ths ... Now you are being silly. You must be very young.

Recommend 0

Alba

Mar 28, 2017 04:44am

Russia is a military superpower - but it is not an economic superpower. Russia wants to do business with South Asia. Russia - believe it or not - is struggling economically because of corruption.

Recommend 0

Branded Content

K&N’s SmartCooking Recipes: Mortadella Bread Omelette

A hearty bread omelette filled with mortadella, chicken, vegetables and melted mozzarella for a satisfying savoury bite.

Chery Master Pakistan expands nationwide 3S dealership network: 10 operational, 20 planned by 2027

The nationwide dealership network includes 8 dealerships across six major cities, with two additional dealerships launching in the coming month, expanding the network to 10 dealerships nationwide.

Cardiogen and the molecular language of cardiac renewal: A speculative exploration

This article explores Cardiogen’s molecular characteristics, theorised mechanisms of action and its possible relevance across multiple research domains.