Accompanied by Managing Director of the National Iranian Oil Company Mohsen Khojestehmehr, Gnel Sanosyan paid a visit to the 26th International Oil, Gas, Refining and Petrochemical Exhibition.

“What I saw at this big event stunned me,” said the visiting minister, adding, “Iran’s governmental and private sectors’ equipment and capabilities in both oil and gas industries impressed me.”

The top Armenia official also praised Iran’s progress made inside and outside the country, expressing hope that the relations between Yerevan and Tehran will be further deepened.

Khojastehmehr, for his part, said the two countries have boosted their economic cooperation, particularly in the gas, electricity, and other energy sectors.

The NIOC CEO added that Iran is determined to promote its economic cooperation, especially in the energy sector, with Armenia, and export its fuel, gas, petrochemical products, refining know-how, and technical services to the neighboring country.

He expressed hope that Sanosyan’s visit to Iran will provide the two sides with an opportunity to expand their cooperation.

Iran Oil Show 2022 kicked off at Tehran’s Permanent Fairground on Friday and will run through May 16.

The four-day exhibition is hosting 1,200 Iranian and 44 foreign companies or their agents.

Apart from domestic participants representing Iran, foreign companies are from Italy, Spain, the United Arab Emirates, South Korea, Switzerland, Germany, Ukraine, South Africa, and Belgium.