The CEO of the Iranian Gas Engineering and Development Company announced the signing of a contract for the export of 40 Iranian-made turbines to Russia.

Noshadi noted that 85% of the equipment needed for the gas industry is created inside Iran, thanks to which Tehran and Moscow managed to sign a contract.

Iranian Deputy Oil Minister Ahmad Asadzadeh said earlier that cooperation between the republic and Russia began to expand after the events in Ukraine and the imposition of sanctions.