The visit took
place on the first day of the four-day exhibition, which is being held at the
city’s permanent fairgrounds with the presence of more than 200 foreign
companies from 13 countries.
Novak and Owji
toured the pavilions of Iranian and Russian companies and discussed the
prospects of cooperation in the energy sector.
Novak said that
Russia is interested in expanding its partnership with Iran in various fields
of oil, gas, petrochemicals, nuclear power and renewables.
He also praised
Iran's achievements in the oil and gas industry and expressed hope that the
exhibition would provide a platform for exchanging experiences and technologies
between the two countries.
Owji also said
that Iran and Russia are working together to overcome the challenges posed by
Western sanctions and to increase their economic sustainability.
Iran Oil Show is
among the most significant oil and gas events in the world in terms of the
number of participants and its diversity.
Iran, the
second-largest OPEC producer, holds 11% of the world's oil reserves and 18% of
the world's gas reserves.
Russia and Iran,
both under Western sanctions, are forging closer ties in order to support their
economies and to undermine Western sanctions which they both cast as
unjustified.