Iranian Majlis (Parliament) Speaker Ali Larijani said Monday Tehran is ready to cooperate with West to create lasting global energy security based on "mutual respect" and "fairness", the local satellite Press TV reported.

Western countries should avoid lobbying against Iran, Larijani said at an energy conference in Tehran, adding that "the language of sanctions is not effective on the Islamic Republic," according to Press TV.

Iran is under sanction pressures on investments in its energy sector by the United States, European Union and other western countries over its controversial nuclear program which the West believe are moving to the atomic weaponry developments. However, Tehran denied the allegations, claiming that its nuclear program is for civilian and peaceful purpose.