Russia Eyes $20 Billion in Potential Energy Deals with Iran

Russian Energy Minister Alexander Novak said Russia could potentially invest at around 20 billion dollars in Iran’s oil and natural gas production and exploration.
He said our companies have a particular interest in specific fields. In general. we estimate that the potential of the deals in this area can be estimated at around $20 bln.
Russia is interested in establishing production of components for Russian aircraft in Iran. and. in case of the corresponding proposal is ready to consider such possibility. he said.
According to the minister. Russia has offered Iranian partners to establish joint production of turboprop upgraded Ilyushin Il-114 aircraft.

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