The National Iranian Oil Company (NIOC) and Russia’s Gazprom have signed a memorandum of understanding worth regarding $40 billion, described by the director of the Iranian Oil Company, Mohsen Khojastimhr, as “the largest foreign investment deal in Iran in the history of its oil industry, and it includes the development of three Iranian gas fields and 6 oil fields.” “.
The document was signed by Khojastimhr and Vitaly Markelov, deputy head of the Gazprom Management Committee. The memorandum included, according to the Iranian “Shana” agency, the development of the Kish and North Pars gas fields, the enhancement of pressure in the South Pars field, the development of 6 oil fields, the exchange of gas and products, the completion of liquefied natural gas projects, the establishment of gas export pipelines, and other points of scientific and technological cooperation.
According to the agency, relations between Iran and Russia have been put on a new path with the support of Iranian President Ebrahim Raisi and Russian President Vladimir Putin, and the two countries want to expand relations at all economic and political levels.
Source: sites
