Copied!
Iran’s NIOC, Russia’s Gazprom sign $40bn investment deal
The National Iranian Oil Company (NIOC) and Russia’s Gazprom have signed a “historic” deal worth $40 billion for joint investment in oil and gas projects.
NIOC’s chief Mohsen Khojastehmehr and Gazprom’s deputy chairman Vitaly Markelov signed the memorandum of understanding (MoU) between the two state companies using a video conference link on Tuesday, according to a report by the Iranian Oil Ministry’s news service Shana.
The deal was signed just hours ahead of a planned visit by Russian President Vladimir Putin to Tehran.
Shana’s report said the MoU will cover development projects at several Iranian oil and gas fields, including a $10 billion project in Kish and North Pars gas fields located in the Persian Gulf as well as a $15 billion project to boost pressure at South Pars, the world’s largest gas field located on the maritime border between Iran and Qatar
Related Posts
Comment
Social
Featured News
Latest News
Caricature
Photo of the day
- The world of the future is the world of nuclear warhead discourse
- Iran’s Goal at this Age was Only to Punish the Zionist Regime and No More
- / An Analysis on the Current situation in the occupied lands and the region
- Speaking with personalities in the region on the quadrilateral and complex attack to Israel
- Honest Promise: A New Dawn for Iranian Military Prowess
- The world of the future is the world of nuclear warhead discourse
- Iran’s Goal at this Age was Only to Punish the Zionist Regime and No More
- / An Analysis on the Current situation in the occupied lands and the region
- Speaking with personalities in the region on the quadrilateral and complex attack to Israel
- Honest Promise: A New Dawn for Iranian Military Prowess
- The Qods Day Is a New Equation/ Israel is Under a Regional Siege
- The Return of the Equation of Iran’s Active Deterrence: The Zionist Regime Is Awaiting a Heavy and Historical Revenge
- Israel Attacks Diplomatic Stations to Take Revenge Over Its Failures
- The Al-Aqsa Storm Operation Brought Major Information Failure for Israel
- A New Conceptualization of the Resistance Front at World Level
- Have the US and Israel taken revenge from Russia for its stance towards war in Gaza?
- Terrorist attack in Russia; Causes and outcomes/ The US or ISIS?
- The Zionist Regime Can No Longer Deceive Global Public Opinion
- The world of the future is the world of nuclear warhead discourse
- Iran’s Goal at this Age was Only to Punish the Zionist Regime and No More
- / An Analysis on the Current situation in the occupied lands and the region
- Speaking with personalities in the region on the quadrilateral and complex attack to Israel
- Honest Promise: A New Dawn for Iranian Military Prowess
- The Qods Day Is a New Equation/ Israel is Under a Regional Siege
- The Return of the Equation of Iran’s Active Deterrence: The Zionist Regime Is Awaiting a Heavy and Historical Revenge
- Israel Attacks Diplomatic Stations to Take Revenge Over Its Failures
- The Al-Aqsa Storm Operation Brought Major Information Failure for Israel
- A New Conceptualization of the Resistance Front at World Level
