Putin will renew an old offer to supply Iran with five of the sophisticated ground-to-air missile systems at a meeting with Iranian President Hassan Rowhani on Friday, Kommersant said, quoting a souce close to the Kremlin.

Putin is set to meet Rowhani at a summit of the Shanghai Cooperation Organisation held in Kyrgyzstan on Friday.

Russia in 2007 signed a contract to deliver five of the advanced ground-to-air weapons -- which can take out aircraft or guided missiles -- to Iran at a cost of $800 million.

In 2010, then-president Dmitry Medvedev cancelled the contract after coming under strong US and Israeli pressure not to go ahead with the sale of the weapons system, drawing vehement protests from Tehran.