The official said the committee will hold joint sessions for fulfilling the articles pinpointed in the MoUs.
"Both Iran and Russia enjoy vast gas reserves and the two countries can enjoy short and long-term cooperation in this regard," Araqi added.
National Iranian Gas Company (NIGC) and Russian Gazprom Neft on Tuesday signed a Memorandum of Understanding (MoU) for cooperation.
In January 2016, a 30-member delegation from Russian Gazprom visited Iran and held the first meeting with the NIGC.
In the meeting, the projects of investment in Iran were outlined and it was announced that Iran is ready to absorb more than 62 billion dollars investment in the NIGC projects in the coming years.