Attracting foreign and domestic investments for the development of joint hydrocarbon fields is a top priority of the National Iranian Oil Company, as the key oil sector has long been the main driver of economic growth in Iran.
Mohsen Khojastehmehr, the head of the National Iranian Oil Company, made the statement on the sidelines of an online meeting for signing a memorandum of understanding with Russia’s oil and gas giant Gazprom to develop three gas fields and five oilfields shared with Arab neighbors, the Oil Ministry’s news portal Shana reported.
The MoU was signed by the NIOC chief and Vitaly Markelov, Gazprom deputy chairman of the Executive Board, in an online meeting on Tuesday.
July 20, 2022 22:00
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