Iran’s Petroleum Ministry has met the Russian energy minister during his visit to Moscow.
In Moscow on Monday, Iranian Minister Biyan Namdar Jangne discussed with Russia’s energy minister Algezdar Novak discussions on the latest oil situation in the world market.
The officials of both countries stressed on the expansion in cooperation between Iran and Russia in the field of energy.
In this meeting, Novak said that officials of both countries are constantly in touch with each other, which is helping in bilateral cooperation in the field of economic and energy.
He said, according to the agreement made in OPEC, the increase of 10 million barrels of oil production will result in price stability in the world market.
Ministers of Iran and Russia also discussed the growing demand for energy and proper supply in the world.