Iran to sign new oil contracts with Russian companies

Thursday, 10 November 2016 12:30 AM [ Last Update: Thursday, 10 November 2016 12:32 AM ]

Amir Hossein Zamaninia, Iran's deputy petroleum minister.

Marina Kortunova
Press TV, Moscow

Iran is set to sign a number of oil contracts based on a new model with Russian companies before the end of the year.

Iran's deputy oil minister says Tehran will also sign new contracts with major international oil companies within the next few weeks.

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