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Iran and Turkmenistan signed a gas contract in 1997 for a period of 25 years.

The showcase is being held with 4.000 exhibitors from across the globe running 1.800 pavilions.

Itochu is willing to expand business in the Iranian market. including investments in petrochemical projects.

Iran produced 3.77 million b d of crude in April.

A 20-year power purchase agreement (PPA) was signed with a guarantee from SATBA.

Iran has now become an exporter of gasoil and is exporting 13 million liters of the item on a daily basis.

Iran'.s oil refining and distribution sector hit the trail of progress in the post-sanction setting.

Lukoil is in talks with Iran'.s petroleum ministry and the National Iranian Oil Company (NIOC) for joining projects in the country.

NIDC owns 75 offshore and land drilling rigs and is touted as the Middle East'.s biggest drilling company.

Given RIPI'.s long history in cooperation with international companies. it is capable of offering quality services with low costs to them.