TEHRAN, April 09 (Shana) –- Iranian Minister of Petroleum Bijan Zangeneh signed a memorandum of understanding (MoU) for cooperation in energy fields on Saturday with his Indian counterpart Dharmendra Pradhan.
The document concerns development of Farzad B Gas Field, refinery cooperation, export of Iran's crude oil and petroleum products to India as well as cooperation in petrochemical sector.
The two officials met on Saturday on Tehran to discuss enhancement of energy cooperation.
Addressing reporters, after the meeting, Zangeneh said Iran exports 350,000 barrels of oil on a daily basis to Indian refineries, but expressed hope that the amount will rise in the wake of removes US-led sanctions on Tehran's nuclear agenda.