NICOSIA — Iran and Russia have agreed to expand energy cooperation.   

Shmatko said the cooperation would include the development of a joint electric grid as well Iran's South Pars natural gas field.

"It is possible to develop major chemical complexes here on the basis of oil and gas resources," Shmatko said.

"First of all, we can use the blocks of the South Pars gas field, where the Russian gas major, Gazprom, is currently operating."

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