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Marianna Mkrtchyan

Armenia, Iran discuss prospects of cooperation in oil and gas sector

 Armenia, Iran discuss prospects of cooperation in oil and gas sector

ArmInfo.  Armenian Economy Minister Gevorg Papoyan, at a meeting with Iranian Deputy Oil Minister Mohammad Sadeq Azimifar, stressed the importance of  developing close partnership between Armenia and Iran in the economic  sphere.

As reported by the press service of the Armenian Ministry of Economy,  Papoyan added that the Armenian side is interested in high-quality  and competitive Iranian liquefied gas, which can become the basis for  long-term and mutually beneficial cooperation, contributing to  strengthening the country's energy security.

Prospects for further cooperation were noted, including: expansion of  trade in oil and oil products, development of liquefied and natural  gas supply infrastructure, joint investments in the energy sector,  and the effective use of regional transport and logistics hubs.