Russia offers gas, oil swap deals to Iran


A man walks past trucks at a Gazprom gas station in the southern city of Stavropol, Russia, September 29, 2015. REUTERS/Eduard Korniyenko

MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration.

Moscow has boosted efforts to foster political and economic ties with Tehran and increased its activity after a decision in July to lift international sanctions on Iran in principle. The ending of sanctions, related to Iran's nuclear programme and including restrictions on oil exports, have yet to take effect.

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