Gazprom signs oil, gas deal with Iran

By NNN-IRNA

Moscow : Russia’s state gas monopoly OAO Gazprom has said it has reached an agreement to drill and produce oil and gas in Iran.


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Gazprom said in a statement that the deal was signed Tuesday after meetings by its executive director, Alexei Miller, with Iranian Oil Minister Gholam Hossein Nozari.

“The two sides agreed on the joint participation in the development of two or three blocs in the South Pars field as well as on the participation by GazpromNeft in an oil production project in Iran,” the company said.

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