TEHRAN, Nov. 1 - Iran and Turkey agreed on several joint oil and gas projects during the recent visit of Turkish prime minister to Tehran, the English language satellite Press TV reported on Sunday.
According to a deal recently signed between Tehran and Ankara, the two sides agreed to invest two billion U.S. dollars to build a crude oil refinery in northern Iran, the report said.
The agreements between the officials of Iran's oil and Turkish energy ministers also allow the transit of Iran's gas to European countries through Turkey.
According to the report, the two countries agreed to create a joint firm, with each side holding half the share, to transfer an annual volume of about 35 billion cubic meters of gas from Iran toEurope.
Heading a high ranking economic and commerce delegation, Turkish Prime Minister Recep Tayyip Erdogan visited Tehran on Monday for a two-day official visit and met some Iranian high ranking officials. Both sides exchanged views on the issues of mutual interest.
Iran and Turkey expressed their willingness to enhance bilateral trade exchange to some 30 billion U.S. dollars within the coming four or five years.
According to a deal recently signed between Tehran and Ankara, the two sides agreed to invest two billion U.S. dollars to build a crude oil refinery in northern Iran, the report said.
The agreements between the officials of Iran's oil and Turkish energy ministers also allow the transit of Iran's gas to European countries through Turkey.
According to the report, the two countries agreed to create a joint firm, with each side holding half the share, to transfer an annual volume of about 35 billion cubic meters of gas from Iran toEurope.
Heading a high ranking economic and commerce delegation, Turkish Prime Minister Recep Tayyip Erdogan visited Tehran on Monday for a two-day official visit and met some Iranian high ranking officials. Both sides exchanged views on the issues of mutual interest.
Iran and Turkey expressed their willingness to enhance bilateral trade exchange to some 30 billion U.S. dollars within the coming four or five years.
