Russia to work with Iran on energy despite sanctions

Reuters: Russian Energy Minister Sergei Shmatko said on Wednesday that international sanctions against Iran will not hinder plans to develop joint energy and power projects with the Islamic Republic.

MOSCOW July 14 (Reuters) – Russian Energy Minister Sergei Shmatko said on Wednesday that international sanctions against Iran will not hinder plans to develop joint energy and power projects with the Islamic Republic.

Shmatko also said he saw no obstacles for Russian firms to supply oil products to Iran if they decided to do so. (Reporting by Katya Golubkova and Jessica Bachman, writing by Dmitry Zhdannikov, Editing by Guy Faulconbridge)