News > Iran Ready for Energy Cooperation with Lithuania (01 May 2019)

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Iran Ready for Energy Cooperation with Lithuania (01 May 2019)

Iran on Wednesday offered to increase energy cooperation with Lithuania given its huge oil and gas resources and despite the US sanctions.

The issue was raised in a meeting with Iran"s Accredited Ambassador to Lithuania Massoud Edrisi Kermanshahi and the the European country"s Energy Minister Zygimantas Vaiciunas.

During the meeting, Kermanshahi underlined Iran"s huge oil and gas reserves, noting that his country is ready to diversify Lithuania"s sources to receive energy.

The two sides also discussed ways to further develop cooperation in the energy sector, stressing preparedness to cooperate in areas of solar energy.

Iranian President Hassan Rouhani underlined on Tuesday that his country would find different ways to sell its crude despite the US sanctions, saying that the nation would bring Washington to its knees.

"We should export our products and all Iranian officials are in consensus that the US decision to zero Iran"s oil exports is wrong and we will not allow the decision to go into effect," President Rouhani said, addressing Iranian workers in Tehran on the occasion of the Labor Day.

He stressed that the Iranian nation would bring the US to its knees, noting, "Some countries retreat against the US pressures, but the Iranian nation always stands."

President Rouhani described the US sanctions against Iran as "cruel and illegal", and said these embargos directly pressured the Iranian people, specially the workers.

He underscored the necessity for moving towards more self-sufficiency to decrease dependence on foreign currencies and increasing production of oil products, including gas condensates and petrochemicals.

Source: Farsnews - Date: (01 May 2019)

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