27 June 2022 - 11:53
  • News Code: 458674
Iran, Cuba Stress Expanding Energy Ties

TEHRAN (Shana) -- The CEO of the Pars Special Zone Organization and the Ambassador of the Republic of Cuba to Iran emphasized expansion of cooperation between the two countries in the energy sector.

According to the Pars Special Zone Organization, Sakhvat Asadi, CEO of the Pars Special Zone Organization, in a meeting with Alberto Gonzalez Casals, Ambassador of the Republic of Cuba to Iran, said: “South Pars region has 13 gas refineries with a production and sweetening capacity of roughly 700 million cubic meters of gas, alongside 22 petrochemical complexes.”

Asadi added: "The Islamic Republic of Iran has invested $150 billion in the South Pars region since 1997, and due to the appropriate infrastructure in the region, there are countless potentials ahead for private sector investors."

The Ambassador of the Republic of Cuba to Iran also described the political relations between the two countries as excellent, and said: "We expect economic relations to develop in line with the political relations between the two countries and Iran's progress, especially in the oil industry, is a good opportunity for cooperation."

News Code 458674

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