By bypassing the western financial system and shipping services, China has created a way to import Iranian oil. Independent Chinese refineries buy 90% of Iran's total oil exports. This strategy allows China to avoid having its major international banks placed on the US financial sanctions list.
The head of the International Center of the Ministry of Energy said: The electric connection project of Iran, Russia and Azerbaijan is in the final stages and will be operational soon.
The 17th meeting of the Iran-Russia Joint Economic Commission will be held in March this year in Tehran with the presence of the Minister of Oil and the Deputy Prime Minister of the Russian Federation as the heads of this commission.
Chairman of the Board of Directors of Sarkhs Special Economic Zone in Northeast Khorasan Razavi said: 100,000 tons of Russian "LPG" gas was transited to Pakistan from Iran's road route through Sarkhs Special Economic Zone.
Shahmirzaei said about the construction of a petrochemical plant in Iran by the Russians: Our policy is that whoever wants to create capital for the country, we will roll out the red carpet for him. In the current situation, we have shown that we can solve our problems with each other's help. We both buy products and export our products. Activists of the Russian chemical industry also have a chemical union, and we will have any necessary cooperation with them.
