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Russia could potentially invest at around 20 billion dollars in Iran’s oil and natural gas production and exploration.

An increase in oil prices to more than $55 (£44) per barrel was not in the interest of OPEC.

Russia will be cooperating with an OPEC decision last November to cut production levels and will be reducing its oil output by 300.000 bpd.

The Minister intimated to OPEC to “be extremely careful about future market changes.

Iran is currently implementing plans to resolve the root causes of dust storms inside the country.

Airbus is the world’s Number 2 jet maker after Boeing. a US-based multinational plane manufacturer.

The potential of agreements in this sphere could be valued at $20 billion

Total will raise gas production from Phase 11 to around 51 million cubic meters per day in 20 years.

The two sides have agreed to cooperate on the policies of the Organization of the Petroleum Exporting Countries (OPEC).

Russia is willing to have a big share in construction of power plants on the condition that such contracts will be in big scale.