Russia's Lukoil ready to resume cooperation with Iran once sanctions lifted

November 29, 2013 14:57

MOSCOW - Lukoil, Russia's No. 2 oil producer, is ready to resume cooperation with Iran when international sanctions are lifted, Chief Executive Vagit Alekperov was quoted as saying on Friday.

"After sanctions are lifted - definitely. We are interested in all regions where hydrocarbon reserves lie," he told Interfax news agency in response to a question about lifting sanctions while in the city of Perm. Alekperov did not refer directly to any specific projects.

Iran and six world powers reached a deal early on Sunday to curb Tehran's nuclear program in exchange for limited sanctions relief. But Iran's crude oil sales must not increase in the next six months.

Related Content

Breaking news
March 17, 2018
Cambodia kicks off drills with 'great friend' China as U.S. ties sour


Israel Weather
  • 10 - 25
    Beer Sheva
    11 - 20
    Tel Aviv - Yafo
  • 12 - 18
    13 - 20
  • 19 - 28
    12 - 25