` Iran-Russia’s Economic Relations are Developing Good Potentials ‘ for Cooperation between Tehran and Moscow ‘

#AceFinanceNews – TEHRAN – April 07 – Iran-Russia economic relations are developing, Deputy Minister of Industries, Mines and Trade, Mehdi Karbasian said on Monday. In an interview with IRNA, he said “There are good potentials for boosting cooperation between Tehran and Moscow.”

He called signing of a new contract between Iranian Industries Development and Renovation Organization and Russian oil and gas construction company (Stroytransgaz) as an example of growing bilateral ties.

Under the contract, Stroytransgaz will render engineering, procurement and construction (EPC) services to produce alumina from nepheline syenite in a mine at Sarab, East Azarbaijan province.

As an example of growing bilateral ties, Mehdi mentioned the signing of a new contract between Iranian Industries Development and Renovation Organisation and Russian oil and gas construction company Stroytransgaz. (Tass).

Under the contract, Stroytransgaz will provide engineering, procurement and construction services to produce alumina from nepheline syenite in a mine at Sarab, East Azarbaijan province, IRNA said.

The facility will be commissioned in 3-4 years.

#AFN2014

#alumina, #azarbaijan, #bilateral, #gas, #iran-russia, #iranian, #moscow, #oil, #russian, #stroytransgaz, #tehran