15 March 2022 - 15:49
  • News Code: 454774
MOP not sitting out Nuclear Talks: Min.

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the ministry was not kept waiting for the outcome of the nuclear talks in Vienna and was progressing activities in the oil industry by relying on domestic experts and capabilities.

Speaking on Tuesday, Mr. Owji told reporters, "Plans have been made to increase production capacity from oil and gas fields, and €4.5 billion of field development contracts will be signed with domestic and foreign companies.”

He noted signing of another contract that will be signed on Tuesday, March 15, and stated in the coming calendar year which starts on March 21, the Iranian Ministry of Petroleum will see new contracts regarding development of oil and gas fields, especially joint fields in the west of Karoon region.

News Code 454774


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