Iran is set to sign a contract for the sale of crude oil and petroleum gas (LPG) to Indonesia, a report said.

Indonesian Energy Minister Sudirman Said will discuss bilateral ties in Tehran, Iran, today (May 29) and sign a memorandum of understanding (MoU) for the purchase, the Iran Daily report added.

Iran's Economy Minister Ali Tayyebnia had recently said that Iran is ready to supply 200,000 barrels of oil per day to Indonesia, the report said, citing Fars News Agency.