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Iran, China Discuss Avenues of Expanding Petroleum Cooperation

CNPC has already participated in the development of Iran’s North Azadegan Oilfield, the first phase of which became operational in 2016
Iran, China Discuss Avenues of Expanding Petroleum Cooperation
Iran, China Discuss Avenues of Expanding Petroleum Cooperation

The oil minister-designate, Javad Owji, met Deputy Director of the Middle East Division of China National Petroleum Corporation Libin Zhang in Tehran on Thursday, in his first meeting with foreign companies.
During the meeting, the officials discussed ways of expanding bilateral cooperation in the field of petroleum, the Oil Ministry’s news agency Shana reported.
China has always opposed unilateral US sanctions against oil producers and continues to buy crude, especially from Iran. 
Iran’s oil sales to China remain the key remaining revenue stream for the country.

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