Iran Signs MoU on Exporting Energy to Romania

The government of Iran on Tuesday announced it has signed a Memorandum of Understanding with Romania on exporting energy services to the country.

Tehran Times reported that the MoU was signed between Managing Director of Iran Gas Engineering and Development Company Reza Noshadi and Mihai Tănăsescu of the Romanian company Gaz Vest, 

Noshadi said that based on the MoU, Iran would export technical and engineering services in the gas sector to Romania.

“We will be engaged in the construction of gas pipelines, pressure boosting facilities, installations, and development of the gas storage reservoirs in Romani,” Noshadi added.

According to Noshadi, the two countries reached the landmark agreement in a bid to explore opportunities for joint ventures in different areas between the two states.

Noshadi has lamented that economic sanctions by the US on Iran have resulted in the non-cooperation of the world’s oil and gas companies with the country. 

“We are actively involved in energy diplomacy despite the restrictions,” Noshadi said, adding that Iran has taken major strides toward opening up the closed doors to the world in the wake of continued US sanctions.

© Fourth Estate® — All Rights Reserved.
This material may not be published, broadcast, rewritten or redistributed.