Sunday 7 April 2019

#Iran, #Iraq agree deal to develop two oilfields - Reuters

Iran, Iraq agree deal to develop two oilfields - Reuters:

Iran and Iraq have come to an agreement about developing two oilfields on their mutual border, Iran’s Oil Minister Bijan Zanganeh was quoted saying on Sunday.

The agreement is for the development of the Naft Shahr and Khorramshahr oilfields, Zanganeh said, according to a report on Iran’s oil ministry website.

The report gave no details on what the agreement involved, how much investment would be made, or what timescale was envisaged for the project.

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