1111
South Azadegan goes Buy-back
Energy

South Azadegan goes Buy-back

Following the dismissal of Chinese contractors from the South Azadegan oil field, the development plan will be carried out in the form of buy-back agreements, said the managing director of National Iranian Oil Company (NIOC), Fars news agency reported. NIOC is to fund part of the project, and the rest will be financed through the revenue derived from the oil field.

 

Short URL : http://goo.gl/UuaIAb

You can also read ...

The volume of water Iran receives from Hirmand has decreased to 2-3 million cubic meters from 150 mcm.
Energy Minister Reza Ardakanian said by building dams on...
Iran has been actively looking for ways to drop the US dollar in its international trade transactions.
Russia and Iran have launched an oil-for-goods exchange...
Total to Tough It Out in Venezuela Despite Challenges
French oil major Total is sticking it out in Venezuela despite...
S. African Firm Launches Solar Plant in S. Khorasan
Phelan Energy Group, a South African solar power developer,...
Crude Prices Recover After Sliding on Trump's OPEC Criticism
Oil prices edged up on Friday, stabilizing after an earlier...
Gazprom, Aramco to Boost Gas Cooperation
Russia’s state-controlled giant Gazprom and Saudi Aramco have...
Petrochem Output Hits 55m Tons
Iran's 57 petrochemical complexes produced nearly 55 million...

Trending

Googleplus