Gazprom Neft to study two Iranian oil fields

Tuesday, 13 December 2016 3:20 PM [ Last Update: Tuesday, 13 December 2016 3:20 PM ]

Russia’s Gazpromneft - a main subsidiary of global gas giant Gazprom - has signed a basic agreement with Iran to study two key oil fields in the country’s west. (Photo by Shana)

Hamid Javani
Press TV, Tehran

During an official visit by Russia’s minister of Energy to Tehran, Iran and Russia signed an MoU on evaluating the possibilities of further cooperation in oil industry especially in developing two oil fields in western Iran. This comes a few days after Non-OPEC oil producing countries agreed to cut their production by about 600,000 Barrels per day.

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