Iran, Indonesia agree to promote energy cooperation

Iranian Minister of Petroleum Seyed Kazem Vaziri Hamaneh has said Iran and Indonesia agreed to promote energy cooperation in various fields, the local daily "Iran News" reported on Monday.

The minister made the remarks after meeting with a special envoy of Indonesia president, who was heading a high-ranking delegation to Iran.

The Indonesian delegation had declared readiness of Indonesian government to take part in oil, petrochemical and exploration projects as well as information technology plans implemented by the National Iranian Oil Company (NIOC), Hamaneh told reporters.

He also noted that Indonesia had called on Iran for supply of needed chemical fertilizer to Indonesia.

"In view of superior situation of Pars Special Economic Energy Zone in Assaluyeh, the Indonesian side is interested in investment in production of chemical fertilizer in Assaluyeh," Hameneh was quoted as saying.

Meanwhile, Hamaneh noted that Iran had taken part in a joint venture for building refinery in Indonesia and the Indonesian side also had expressed its interest in building gas condensate refinery in Iran, the report said.

Both Iran and Indonesia are members of the Organization of Petroleum Exporting Countries (OPEC).

Source: Xinhua