The final document was signed by Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak, the commission cochairs, and 18 others were inked by other officials.

Iran’s Deputy Oil Minister for Engineering, Research, and Technology Vahid-Reza Zeidifard and Russian Deputy Energy Minister Pavel Sorokin signed the document to cooperate in scientific and technical fields of the oil and gas industry.

A memorandum of understanding (MoU) was signed by the National Iranian Oil Company (NIOC) and Russia’s ZN Vostok (ZNV) and an MoU was also inked by Iran’s National Petrochemical Company (NPC) and the Russian side.

Other memorandums aimed at promoting cooperation between the two countries’ energy sectors, universities, free trade zones, and knowledge-based companies and research centers were also signed.