An Iranian delegation from the Ministry of Petroleum, led by Vahidreza Zeidifard, deputy minister of petroleum for engineering, research and technology affairs, met with Turkmen delegations on the sidelines of the 14th special exhibition of the Islamic Republic of Iran in the city of Ashgabat in the presence of executives from the companies under the Ministry of Petroleum in separate meetings.

In this showcase, while introducing the capabilities of Iranian companies in the oil industry, Zeidifard emphasized on the development and cooperation between the two countries.

He also referred to the manufacture of more than 70% of Iranian equipment and parts in oil projects and demanded cooperation in supplying the equipment needed by Turkmenistan's oil industry.

The Deputy Minister of Petroleum for Engineering, Research and Technology Affairs announced the readiness of Iran's oil industry to build a refinery, develop oil and gas fields, and supply parts and equipment of competitive quality and reasonable prices to the Turkmen parties, and invited the oil and gas officials of Turkmenistan to visit the capabilities of Iran's oil industry projects.