Iran to Finalize over $8b of Oil Exploitation Contracts
Some $8.33 billion of buyback contracts for the development of Iranian oil fields are being finalized, Deputy Oil Minister for International Affairs Seyyed Mehdi Hosseini told Iran’s official news agency (IRNA).
"Talks are currently under way to finalize five oilfield development plans valued at $5.93 billion and two other accords worth $2.r billion would be signed in the near future." The official stated.
Iran has made improvements in the investment sector in a bid a to attract foreign investment to the country – Albawaba.com
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