Tehran Offering Russians Service Contracts
Tehran Offering Russians Service Contracts

Tehran Offering Russians Service Contracts

Tehran Offering Russians Service Contracts

Iran offers service contracts on oil production in the country to Russian oil and gas companies, Russian Deputy Minister of Energy Kirill Molodtsov said on Wednesday. "The Iranian side says at ministerial-level consultations that, for example, direct parameters on production-sharing agreement are a scheme which is very hard to implement. They say this scheme is impossible for them, yet they are offering service contracts," Molodtsov told reporters, Sputnik reported. According to Gholamreza Manouchehri, the National Iranian Oil Company director for engineering and development, Iran has signed memoranda of understanding with some Russian oil and gas companies, namely Lukoil, Zarubezhneft and Tatneft, which he hopes will turn into contracts soon. Stressing that such MoUs contribute to expanding bilateral ties in the petroleum industry, Manouchehri added, “Russia, as a strategic partner and a nation with over 10 million barrels of daily oil production, has made very good progress in enhanced oil recovery (EOR) and improved oil recovery (IOR) technology, which can help Iran increase output from its oilfields.”


Short URL : https://goo.gl/dO0ZbZ
  1. https://goo.gl/kStB9M
  • https://goo.gl/gcc8bf
  • https://goo.gl/kXFLVb
  • https://goo.gl/OCx3TW
  • https://goo.gl/xdF27v

You can also read ...

Offshore drilling is expensive in a time of relatively low oil prices.
The US administration on Friday said it would offer the...
Egypt to Import LNG   From France
Egyptian Natural Gas Holding Company has arranged for the...
UAE Committed to OPEC Output Reduction Deal
The UAE will remain committed to the global oil output...
India to Increase Oil Imports From Iran
In April through January, the first 10 months of this fiscal...
The national gas network accounts for providing 70% of the country's energy.
In line with efforts to deliver natural gas to far-flung...
SP Phase 13 Ready to Deliver Sweet Gas
The first gas sweetening train in Phase 13 of South Pars Gas...
NPC Subsidiary, Foreign Firms in Scientific Coop.
The Petrochemical Research and Technology Company of Iran...

Add new comment

Read our comment policy before posting your viewpoints