Moscow and Tehran agreed on the development of seven Iranian oil and gas fields
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“Currently, we have agreements with Russia on the development of seven oil and gas fields. At the moment, negotiations are underway on 14 other fields,” the minister said (quoted by the Shana agency).
In July, the Iranian National Oil Company (NIOC) and Gazprom signed a memorandum on strategic cooperation. The parties agreed to develop the North Pars gas fields and the site at the field near Kish Island. The Russian side will have to invest $10 billion in projects.
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