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 United States and Arab Allies Sanction Five Entities and 16 Hezbollah Officials

The United States and the member states of the Terrorist Financing Targeting Center (TFTC) have imposed a new round...

Drug Crisis: Chemotherapy Costs in Iran Have Increased Tenfold

A new wave of drug price increases in Iran has catastrophically raised the cost of medical treatment. In one...

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait of Hormuz Declines Following Tensions Between Iran and the United...

The ‘No To Executions Tuesdays’ campaign has entered its 127th week

The campaign “No to Executions Tuesdays,” a prisoner-led protest against executions held across multiple prisons in Iran, entered its...

Must read

Iran satellite launch cause for concern-Pentagon

Reuters: A satellite launch by Iran is a cause...

U.S. calls Iran demands over inspectors “outrageous”

Reuters: The United States on Friday called "outrageous" Iran's...

You might also likeRELATED
Recommended to you