Oil Development Unaffected by Protracted Vienna Talks

Oil Minister Javad Owji said more than 45 contracts and memorandums of understanding worth $15.6 billion have been signed in the past six months.
“The contracts are in different fields, including development of oil and gas fields, collection of associated petroleum gas, construction of pipelines for transfer of petroleum products, renovation of refineries and establishment of underground gas storage,” the Oil Ministry’s news agency Shana also quoted Owji as saying.
“The Oil Ministry has not been withheld by the [delayed] outcome of the Vienna Agreement for the past six months, and development and investment are a priority,” he added.