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Russia’s Lukoil tendency to expand activities in Iran

May 8, 2017, 1:40 PM
News ID: 14307
Russia’s Lukoil tendency to expand activities in Iran

EghtesadOnline: One of the managers of Russia's Lukoil announced that the company is trying to expand its activities in Iran.

“The Russian company is in talks with the oil ministry and the National Iranian Oil Company (NIOC) for cooperation in future projects,” the official said at the sideline of the 22nd International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show 2017, according to ISNA.

Mentioning that the Russia's largest private oil company opened its Tehran office, the official added: “we hope to present in this market”.

More than 800 international companies are present in Iran Oil Show 2017, an upgrade over the 634 that came in 2016. The exhibition holds May 6-9, 2017 in Tehran.