Study of Iran’s oil, gas fields by Russia in final stages
The managing director of National Iranian Oil Company (NIOC) said that the study of Iran’s oil and gas fields by Russian companies is nearing its end and the memorandums of understands (MOUs) for these studies will soon turn into contracts.
Speaking about the most important focus of Iran-Russia negotiations in the 16th meeting of the countries’ Joint Economic Committee in Moscow, Mohsen Khojasteh-Mehr said, “The issue of energy, especially the upstream sector of oil and gas, was distinguished from other issues in this meeting.”
He stated that one of the highlights of this meeting, which was examined very carefully, was the progress of the oil fields development plans worth about $4.5 billion in Iran, and clarified that some of these plans have reached 40 percent physical progress and to speed up the physical and financial progress of the plans, constructive suggestions were raised.”
Iran and Russia signed four documents for cooperation in a variety of areas at the end of the two countries’ 16th Joint Economic Committee meeting in Russia on Tuesday.
Source: Tehran Times
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
