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TEHRAN, May 7 - Deputy Managing Director of NIOC (National Iranian Oil Company) for Development and Engineering Affairs Gholamreza Manouchehri said the country would sign 7 oil agreements by mid September and and 10 more by mid March.
TEHRAN, Young Journalists Club (YJC) – He noted the number of agreements would rise in case more companies join the process.
The 10 agreements worth $40 billion.
As to the 7 agreements, he said the deals include 15 oil fields since some agreements include two or three ones.
He said Iran is going to sign an agreement with Indian ONGC by next 5 months for developing Farzad B gas fields.
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