Tag Archives: Memorandum of understanding (MoU)

The second agreement had been signed between private sectors of the two neighboring countries in other areas of oil industry.

Iran and Iraq have developed a pipeline for the export of Iranian gas to power plants in Baghdad .

The new oil and investment contract for international firms. known as the IPC. will replace Iran’s buyback oil deals.

There is no conflict between Iran and Japan over Azadegan.

The NIGC has done enough preparations to supply gas needed for the northern and northeastern parts of the country.

Iran is bound to the international agreements and export of gas to Turkey and that gas swap from Turkmenistan to Azerbaijan Republic continues routinely.

Iran has plans to bring its oil recovery rate to an average of 40% in a 30-year period.

Türkmengaz. in a questionable move. ceased natural gas exports to Iran on Sunday January 01.

Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.

The 13th Iran-Russia Joint Commission session started since Sunday and will end on Tuesday with conclusion of several cooperation documents.