- Iranians holding Ashura mourning for Imam Hussein
- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
- Iran’s annual export of white meat tops 2.5m tons: Minister
- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
- ‘Iran to become self-sufficient in producing aircraft engines'
- US issues seizure warrant for Iranian supertanker 'Grace 1'
- Neanderthal tooth unearthed near Iran’s Zagros mountain
- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, March 7 - Russian Energy Minister Alexander Novak says his country's oil companies could sign contracts by March 21 to work on Iranian oilfields.
TEHRAN,Young Journalists Club (YJC) - More than 10 different fields have been presented to Gazprom, Rosneft, Gazprom Neft, Zarubezhneft, Taftneft and Lukoil for development, Novak told reporters in Moscow Tuesday.
“These companies made fairly good progress in negotiations. Our Iranian colleagues confirmed that specific contracts may be signed shortly,” Tass news agency quoted him as saying.
Novak said Russian companies were open to partnership with other foreign entities to carry out oil projects in Iran – something which Iranian officials have been encouraging as a way to guard against possible sanctions.
"I think such options are also possible. Everything will depend on a specific agreement," Novak said.
On Tuesday, India’s ONGC Videsh Ltd (OVL) signed a cooperation agreement similar to the one Zarubezhneft inked with Iran’s IDRO Oil last month to jointly bid for the development of Susangerd oilfield in southwest Iran.
The three companies must form a consortium to solicit the National Iranian Oil Company (NIOC) for the contract to produce 30,000 barrels per day (bdp) of crude oil from the Susangerd field which is located 45 km from Ahvaz.
Novak’s announcement came after NIOC Managing Director Ali Kardor said Saturday that Iran would sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years.
Russian companies have signed a record number of initial oil and gas contracts with Iran since the lifting of sanctions on the Islamic Republic in early 2016.
Novak said Tuesday Iran was also ready to supply crude oil to Russia but that would depend on future agreements with the buyers of the oil.
Iranian and Russian officials have announced several times the imminent beginning of Iran’s crude oil exports to Russia under an oil-for-goods barter scheme but it has never come through.
The arrangement dates back to 2014 under which Moscow would buy up to 500,000 barrels per day (bpd) of Iranian oil in exchange for Russian equipment and goods. It calls for swapping around 300,000 bpd via the Caspian Sea and the rest from the Persian Gulf.
For now, the two sides are considering shipping 100,000 bpd of Iranian oil to Russia, with supplies being “either physical or swap-based,” Novak has said.
Kardor said in October that Iran was about to receive 50% of payment in euros and the rest in goods and services.
Source: Presstv
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