Iran inks oil deals with 3 Russian companies

NOIC signs oil deals with Lukoil, Tatneft and Zarubezhneft

Photo for illustration only.
Photo for illustration only.

National Iranian Oil Company (NIOC) has signed agreements with three leading Russian oil companies for bilateral cooperation, according to media reports.

Memorandums of Understanding (MoUs) were inked between Iran and the Lukoil, Tatneft and Zarubezhneft of Russia, deputy managing director of NIOC for developing projects and Engineering Gholam-Reza Manouchehri was quoted as saying in the Iran Daily report.

The MoUs are expected to be finalised in a near future, Manoucheri said.

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