
Iran Focus
London, 16 Mar – An energy company in Iran has just signed a $742 million deal with Russian state-owned energy firm Zarubezhneft to increase production in two oil fields in Western Iran, which is making it pretty obvious why Russia is backing Iran’s malign activities.
At the signing ceremony of this deal, in Tehran on March 14, Iran’s Oil Minister Bijan Namadar Zanganeh said: “Increasing the production from these two fields will bring some $4 billion dollars to Iran [over the next few years]”.


