Iran signs contract to export 40 homegrown gas turbines to Russia
Iran has signed a contract with Russia to export 40 homegrown gas turbines to the country.
Iran is now capable of meeting 85 per cent of its domestic needs for gas equipment and facilities, and its gas production has doubled despite the severe US sanctions, Shana news agency quoted Reza Noshadi, head of Iran Gas Engineering and Development Company, as saying.
Iran and Russia have in recent years expanded their cooperation in different areas.
In July, the two countries signed a memorandum of understanding, according to which Russia is expected to invest about $40 billion in Iran’s petroleum industry, Xinhua news agency reported, citing the Shana’s report.
