Iran to boost oil cooperation with African and Latin American states

08-04-09

Deputy Oil Minister for International Affairs said that Iran plans to develop cooperation with African, Latin American and neighbouring countries in the oil sector.
Hossein Noqrekar Shirazi said that the Oil Ministry has given priority to international cooperation in the oil sector with African, Latin American and neighbouring countries. He said that Iran's plan for oil cooperation is not confined to just upstream industry, Iran considers downstream sector as well.

Noqrekar Shirazi referred to Iranian President Mahmoud Ahmadinejad's recent visit to Kenya, Djibouti, Gambia, Mali, Mauritania and the Comoros, saying that it shows Iran's determination to broaden ties with African states. He cited the Latin American states including Bolivia, Venezuela and Ecuador as the countries with which Iran has developed oil cooperation last year.
Noting that Iran has not had broad economic cooperation with Brazil in the past 17 years, he said, the two countries have agreed to boost cooperation in oil, gas and petrochemical sectors in future.

Source: http://www.zawwya.com  / IRNA