Gazprom and Iran sign a tentative $40BN energy deal as Russia threatens the Europe gas supply. Gazprom will help the NIOC construct six oil fields in addition to the offshore gas reserves in the Kish and North Pars regions.
The Economy Ministry stated that it was determined to pursue measures against the Rosneft-owned refinery in Schwedt actively threatening to seize Gazprom facilities from Russia.
India has lost its $3-billion bet on Iran regarding the giant Farzad-B gas field in Farsi block. The Indian state run oil companies discovered this asset back in 2008 and since then the negotiations were being carried out by top leadership of both the countries.