Vice president: Iran to promote energy and financial cooperation with China

Source: Xinhua | 04-19-2009 13:27

BOAO, Hainan, April 18 (Xinhua) -- Iran has set the goal of extending energy cooperation with China, Parviz Davoodi, first vice president of Iran, said here Saturday.

Iran's First Vice President Parviz Davoodi receives interview during the Boao Forum for Asia (BFA) Annual Conference 2009, in Boao, south China's Hainan Province, April 18, 2009. The BFA Annual Conference 2009 officially  opened here on Saturday.  (Xinhua/Zhao Yingquan)

With regard to huge oil and gas resources in Iran and Iran's huge interests into downstream industries, the country sees the road "completely open for the gas and oil relations with China, " Davoodi said at a press conference at the ongoing Boao Forum for Asia Annual Conference 2009 in south China's Hainan Province.

"We consider Iran as one of the most stable countries in the Middle East to provide necessary energy source for China," he said.

Davoodi also said Chinese investors could get into the area (of the privatization of Iran's industry) and get in big industries including oil and gas.