Iran Economy NewsRussia's Tatneft denies agreed deal in Iran

Russia’s Tatneft denies agreed deal in Iran

-

Reuters: Russian oil company Tatneft denied on Monday it had agreed to develop an oil field in Iran.

MOSCOW Dec 19 (Reuters) – Russian oil company Tatneft denied on Monday it had agreed to develop an oil field in Iran.

“Tatneft Group have not entered into any agreements, contracts and have not accepted any other undertakings relating to oil and gas projects in Iran,” it said in a statement.

Iran’s Oil Ministry said on Sunday Iran had signed a deal reportedly worth up to $1 billion with Tatneft to develop the Zagheh oil field, on the Gulf coast of Bushehr province. (Reporting by Maria Kiselyova; Editing by Douglas Busvine)

Latest news

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian newspaper Fædrelandsvennen sought to draw public attention to a different...

Lebanese President Expresses Clear Opposition to Iran’s Regime

Recent remarks by Lebanese President Joseph Aoun regarding the role of Iran's regime in developments in Lebanon have received...

Rationing and Sharp Increases in Bread Prices Across Iran

The livelihood crisis and intensifying economic pressures in Iran have now affected one of the most basic daily necessities...

Internet Shutdowns Have Devastated the Livelihoods of Millions of Iranians

Following widespread and repeated internet shutdowns in Iran ordered by regime officials, reports by trade and professional organizations show...

Iran’s ‘No to Executions Tuesdays’ Campaign Enters 124th Week

On Tuesday, June 9, the "No to Executions Tuesdays" campaign entered its 124th week and once again emphasized its...

Food Basket Share Reaches 71% of Iranian Workers’ Minimum Wage

Studies show that the cost of providing essential food items for a family of four in May 2026 exceeded...

Must read

EU’s Solana plays down hopes of Iran breakthrough

Reuters: EU foreign policy chief Javier Solana confirmed on...

Iran: Nuclear resolution unacceptable

CNN: Iran's Foreign Minister Kamal Kharazi said the new...

You might also likeRELATED
Recommended to you