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Iran, Mexico to expand their energy ties

Staff writer |
Iran’s Deputy Foreign Minister for Europe and America Majid Takht-Ravanchi and Mexican Energy Minister Pedro Joaquín Coldwell in a meeting in Mexico City discussed expansion of bilateral relations in the energy field.

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“Iran has experience in various sectors of the oil and gas industry including exploration and production as well as construction and renovation of refineries which can be shared with Mexican companies,” he said according to a press release issued by the Ministry of Foreign Affairs. He also called for expansion of ties in the petrochemical industry.

The Mexican official welcomed cooperation in the area of energy and said, “Mexico has freed investment and participation of private energy firms in order to reform energy consumption.”

Saying that Iran is entering new conditions after the nuclear Joint Comprehensive Plan of Action (JCPOA), Coldwell added, “Therefore, both countries can establish cooperation and we welcome such cooperation.”

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