Kudrashov made the remark in a ceremony where he signed a Memorandum of Understanding (MoU) with National Iranian Oil Company (NIOC) Chief, Ali Kardor for launching feasibility study on two Iranian oilfields.

He said the work of his company will undoubtedly be noteworthy for the NIOC.

He hoped that his and Iranian companies will start working in various fields, including trade and swap of oil and oil derivatives.