Iran and Oman have signed a memorandum of understanding to expand cooperation in downstream and upstream oil industry.
The MoU, which included building collaboration to develop oil and gas fields plus expanding petrochemical exports, was signed by Managing Director of the National Iranian Oil Company Mohsen Khojastehmehr and Salim al-Aufi, Oman’s minister of energy and minerals, the Oil Ministry’s news agency Shana reported.
It was signed during a meeting with the Omani oil delegation in Tehran on Saturday.
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