Russia and Iran Close to Finalizing Gas Deal: Russian Energy Minister

© Sputnik / Sergey Bobylev / Go to the mediabankRussian President Vladimir Putin and Iranian President Masoud Pezeshkian
Russian President Vladimir Putin and Iranian President Masoud Pezeshkian - Sputnik India, 1920, 13.07.2026
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Russia and Iran are close to finalizing an agreement on the gas trade, Iranian Oil Minister Mohsen Paknejad said on Monday.
"The main provisions of the final gas trade deal between Iran and Russia have been agreed upon, and we now plan to finalize [the arrangements] as soon as possible. Tehran and Moscow have moved closer to completing work on a gas trade agreement," Paknejad said on the sidelines of a meeting with Russian Energy Minister Sergey Tsivilev, as quoted by Iran's Oil Ministry.
Paknejad said he had discussed with his Russian counterpart the implementation of agreements reached during the 19th session of the Russia-Iran Intergovernmental Commission in February 2026, as well as issues related to Russian investments in Iranian oil and gas fields. Possible solutions to existing problems in bilateral cooperation were also prepared.
Tsivilev expressed hope that Paknejad would soon visit Moscow, which would help intensify cooperation. Moscow and Tehran have agreed to resolve all outstanding issues for Iranian and Russian companies as quickly as possible, he said.
Russian President Vladimir Putin said in mid-January 2025 that Russian gas supplies to Iran could eventually reach 55 billion cubic meters per year under the pipeline project, though the initial volumes would be small, up to 2 billion cubic meters. Tsivilev said at the time that the pipeline would run through Azerbaijan, with the sides in the final stage of negotiations and discussing pricing approaches.
Russian Foreign Ministry spokeswoman Maria Zakharova. File photo - Sputnik India, 1920, 18.06.2026
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