Showing posts with label Zarubezhneft. Show all posts
Showing posts with label Zarubezhneft. Show all posts

Tuesday, August 15, 2017

Iran, Turkey, Russia Sign Oil, Gas Investment Agreement - EURO PETROLE / NIOC


15/08/2017 

Iran, Russia and Turkey have signed an agreement for joint investment in oil and gas development projects.

The agreement was signed in Moscow on Tuesday between Iran's Ghadir investment company, Russia's Zarubezhneft oil and gas intermediary and Turkey's Unit International.

It is considered the first tripartite agreement of partnership and investment between Iranian and foreign companies, under which the parties will set up joint ventures to finance projects in and outside Iran.

Iran's Ghadir Exploration and Production Company will lead the consortium, while each company will allocate equal investment shares in the jointly-financed projects.