News ID: 212601
Published: 0529 GMT April 04, 2018

Russia’s senior aide: Russian oil giants likely to invest $50b in Iran’s lucrative oil industry

Russia’s senior aide: Russian oil giants likely to invest $50b in Iran’s lucrative oil industry
MNA

Yuri Ushakov senior aide to the Russian President announced that Russia’s oil and gas companies can make huge investment, valued at more than $50 billion, in development of Iranian oil and gas fields.

Given the above issue, Russia’s oil and gas giants are able to make huge investment for the development of Iranian oil and gas fields, he reiterated, MNA reported.

Energy is the most promising area for cooperation between Iran and Russia, he said, adding, “For this purpose, Russia’s leading oil and gas companies including Gazprom, Gazprom Oil, Rosneft, Lukoil and Zarubezhneft giants are mulling over the development of Iranian oil and gas fields structurally.”

He put the likely investment of Russian oil firms for the development of Iran’s oil and gas fields at more than $50 billion.

Earlier, news had been published on the signing and sealing a Memorandum of Understanding (MoU) between National Iranian Oil Company (NIOC) and Russia’s leading oil and gas giants including Gazprom, Rosneft, Lukoil and Zarubezhneft.

To conclude his remarks, he said that some of these Russian oil and gas firms have submitted feasibility studies of these fields to the National Iranian Oil Company (NIOC).

 

   
KeyWords
 
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/0709 sec