IndiaEconomy2 days ago

Iran petroleum minister to visit next week

Iran's petroleum minister, Mohsen Paknejad, is set to visit India next week for a BRICS meeting. The visit comes amid hopes that the US-Iran interim peace agreement could allow Iran to re-emerge as a major oil supplier to India. Iranian Ambassador to India, Mohammad Fathali, stated that Iran has the capacity to provide reliable, stable, and affordable energy supplies to India if sanctions are lifted.

NEW DELHI: With the US-Iran interim peace agreement, Tehran is hoping to emerge as a top supplier to India again and is sending petroleum minister Mohsen Paknejad here next week for a Brics meeting, officials said, reports.

He is likely to have a bilateral meeting with counterpart Hardeep Puri , but this is yet to be confirmed. Iranian ambassador to India Mohammad Fathali told a news agency Thursday that India required reliable, stable and affordable energy supplies, and Iran possessed capabilities to meet these needs. If sanctions were lifted, he said, there was no doubt Iran could once again become one of India's "principal oil suppliers".

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Source document: Iranian Ambassador to India Mohammad Fathali

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Times of IndiaIndependentCenter2 days ago

Iran petroleum minister to visit next week

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