Iran signs new contract to develop oil fields

Iranian officials have said that the country is set to sign a $2 bn contract for developing of its oil fields.

Iran signs new contract to develop oil fields

MojNews-Iranian officials have said that the country is set to sign a $2 bn contract for developing of its oil fields. 

CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %۲ billion worth of contracts to develop oil fields.

Agreements would signed for the development of Changuleh and Band-e-Karkheh fields, as well as for the purchase of crude oil processing services.

In the current government, according to him, contracts worth $22.5 billion were signed, of which 88% of them were related to oil fields.

$13 billion worth of contracts have been concluded in previous governments.

"In the 2.5 years of the 13th government, we signed contracts worth 9 billion dollars annually, which is 6 times more than in the past." 

 

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