Iran, Ukraine look to create joint oil, gas company

May 31, 2016 12:00 AM

Tehran and Kiev discussed ways to strengthen cooperation in the oil and gas sector May 30 during the visit of the Ukrainian Foreign Minister Pavlo Klimkin to Iran, Sputnik news agency reported citing a source in Iran's Ministry of Petroleum.

The Ukrainian Foreign Ministry reported May 29 that Iran and Ukraine agreed to promote bilateral cooperation in all areas. Ukrainian Foreign Minister Pavlo Klimkin visited Iran on May 29-30, where he met with his Iranian counterpart Mohammad Javad Zarif and President Hassan Rouhani, as well as other officials.

The sides discussed ways to transport gas to Ukraine, cooperation in storing gas, as well as creation of a joint company specializing in in the field of oil and gas industry, according to the source.

"The countries have created a joint committee to discuss these issues in the nearest future, to reach consensus on issues brought up during the Ukrainian delegation's visit," the source added.

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