Gazprom and Iran are holding talks on investing in the republic’s gas fields, Iran’s Telecom Minister and co-chairman of the Russian-Iranian intergovernmental commission Mahmoud Vaezi told reporters on Monday.

"Russia and Iran made a decision to cooperate on gas and oil. The gas issue is related to investments into certain gas projects. Gazprom is holding talks with Iran in this regard," Vaezi pointed out.

Tehran plans to hold a tender on the development of oil and gas fields for international companies in late March. Twenty-nine foreign companies were qualified to participate in the tender, including Russia’s Gazprom and Lukoil.

The Presidents of Russia and Iran, Vladimir Putin and Hassan Rouhani, will meet at the end of March in Moscow.