Iran, Indonesia expand ties in energy sector

EghtesadOnline: Iran’s President met with his Indonesian counterpart in Iran, where both sides stressed the significance of bolstering economic ties.

News ID: ۷۳۸۶۳۵

15 December 2016

Both presidents expressed their countries’ readiness to take the mutual ties to the highest possible level and underlined the importance of expanding relation in energy sector.

According to ISNA, Indonesia’s President stated that its country plans to import liquefied petroleum gas (LPG) and cooperate in the energy sector with Iran, adding his country is ready to purchase more than 500,000 metric tons of LPG from Iran in 2017.

Indonesia and Iran also signed four MoUs on the electricity industry and renewable energy, mutual legal assistance, extradition cooperation, and incentives for investment.