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Iran and Russia have discussed cooperation opportunities in oil and gas exploration and extraction, according to information from the Iranian side. The talks come as both countries face Western sanctions and are looking to expand bilateral energy cooperation. Specific details of the discussions and the participants have not been fully disclosed.
Iran's Oil Minister and India's counterpart held talks, emphasizing the importance of strengthening bilateral energy partnership. Both sides agreed to boost cooperation in oil and gas as a strategic priority.
Japan and the UK are considering a new framework to advance offshore wind cooperation, driven by renewed focus on renewables amid Middle East tensions. The effort aims to share technology and expertise, bolster energy security, and meet climate goals.
Japanese Prime Minister Sanae Takaichi and Malaysian Prime Minister Anwar Ibrahim are expected to affirm deeper cooperation in the energy sector during their meeting on Wednesday. The talks come as Japan seeks to diversify energy supplies amid Middle East conflicts, with Malaysia seen as a key partner in energy security and renewable projects.
Japanese and Malaysian Prime Ministers agreed in Tokyo on June 8 to enhance cooperation on energy security, focusing on renewable energy and clean technology. The pact aims to stabilize supplies amid regional uncertainties and strengthen bilateral ties.
Italgas, Europe's top gas distributor, is partnering with Tokyo Gas to bolster Italy's earthquake preparedness. CEO Paolo Gallo stressed Italy's high seismic risk and the value of Tokyo Gas's disaster risk expertise. The partnership aims to share technology and procedures to secure the gas network during extreme events, potentially reducing economic and social damage.
Energy ministers from eight Asian countries have adopted the Baku Declaration, pledging to advance cooperation in renewable energy, energy transition, and energy security. The declaration aims to boost investment, improve efficiency, and strengthen cross-border grid links.
Analysts say economic cooperation between Iran and China faces new opportunities, with key sectors including energy, infrastructure investment, and technology. China remains a top oil customer of Iran, and both are expanding infrastructure projects under the Belt and Road Initiative. Despite geopolitical challenges, the future for bilateral trade looks promising.
Iran and Kazakhstan have affirmed their goal to increase bilateral trade to $3 billion, focusing on energy, transport, and agriculture. Current trade is around $500 million annually. The leaders agreed to enhance infrastructure and develop a roadmap within five years.
